48 Lure 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
Investment property for sale in Lumberton at 48 Lure Line, Lumberton, MS, 39455 uses $33,150 cash to close to unlock $7,806/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,262/mo, and a $489/mo payment keeps the spread at $651/mo. Purchase price stands at $100,000, and rental yield measures 15.14% with $1,262/mo rent. Return on cash invested shows 43.46% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 229.08% and total cumulative return in cash records $75,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,262/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.32 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: Libby C Vardaman • Porch Light Properties, LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #117263
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.