38568 Old Highway 57LeakesvilleMS39451
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 Leakesville at 38568 Old Highway 57, Leakesville, MS, 39451 earns from $1,200/mo rent with a $1,415/mo payment. Total monthly income totals $1,200/mo. ROI tracks 12.78% on current figures, and rental yield reads 4.98% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 64.51% and total cumulative return in cash sums $61,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39451, Leakesville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,304 (67.5%) |
| Renter Occupied HU | 286 (14.8%) |
| Vacant Housing Units | 343 (17.7%) |
| Median Home Value | $119,947 |
| Average Home Value | $147,166 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,626
Multi-Family
30
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Johnston • Coldwell Banker Property Pros
Mls Name: MLS United
Mls ID: #4113264