349 Lake Harbor RdBrandonMS39047
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 Brandon at 349 Lake Harbor Rd, Brandon, MS, 39047 offers a 11.23% rental yield on a $244,900 purchase with $2,292/mo rent. Total monthly income registers $2,292/mo, and a $1,199/mo payment leaves $793/mo available for distribution. Annual cash flow reaches $9,516/yr on $81,184 to close, and return on cash invested stands at 31.63% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 165.58% and total cumulative return in cash at $134,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,292/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39047, Brandon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 14,058 (82.4%) |
| Renter Occupied HU | 2,181 (12.8%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $284,842 |
| Average Home Value | $320,136 |
Housing Distribution
Address Breakdown
Residential
16,709
Single Family
15,919
Multi-Family
790
Businesses
850
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Listed by: Dustin A Hines • Turn Key Properties, LLC
Mls Name: MLS United
Mls ID: #4127428