3787 Erin Lucern RdUnionMS39365
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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
Investment property for sale in Union at 3787 Erin Lucern Rd, Union, MS, 39365 listed at $409,000 pairs $2,812/mo rent with a $2,002/mo payment to leave $309/mo cash flow. Total monthly income runs $2,812/mo, and annual cash flow reaches $3,708/yr on $135,584 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 8.25% at a $409,000 basis. Equity gained on principal adds $2,639/yr, and annual property appreciation at 5% supports $112,999 by year five. Five-year ROI tracks 117.4% and total cumulative return in cash totals $159,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,812/mo property income relative to a $2,002/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
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Listed by: Wes Jelen • McCool Thorpe Real Estate
Mls Name: My State MLS
Mls ID: #11546737