421 Lennon LnBrandonMS39047
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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 Brandon at 421 Lennon Ln, Brandon, MS, 39047 uses $147,849 cash to close to unlock $10,244/yr annual cash flow and $854/mo monthly cash flow. Total monthly income runs $3,583/mo, and a $2,183/mo payment keeps the spread at $854/mo. Purchase price stands at $446,000, and rental yield measures 9.64% with $3,583/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $123,222 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash records $206,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,583/mo property income covering a $2,183/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1.95 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: Derek Havard • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4083545
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.