37 Lureline LineLumbertonMS39455
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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
Rental property for sale in Lumberton at 37 Lureline Line, Lumberton, MS, 39455 offers $2,492/mo rent that, after a $7,317/mo payment. Total monthly income is $2,492/mo. Return on cash invested measures 3.88% in year one, and rental yield stands at 2% at a $1,495,000 entry. Equity gained on principal adds $9,647/yr while 5% annual appreciation compounds into $413,041 by year five. Five-year ROI records 16.69% and total cumulative return in cash reaches $80,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,492/mo property income versus a $7,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.52 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
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Listed by: Charles M Dawe • Keller Williams
Mls Name: MLS United
Mls ID: #4127636