340 Will Lee RdLumbertonMS39455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lumberton at 340 Will Lee Rd, Lumberton, MS, 39455 at $399,999 posts ROI 15.29% with from $1,938/mo rent. Total monthly income equals $1,938/mo. Return on cash invested measures 15.29% and rental yield reads 5.81% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 77.99% and total cumulative return in cash totals $103,419. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,938/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
28.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica F Lee • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4092641
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.