4927 Highway 72LamarMS38642
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 Lamar at 4927 Highway 72, Lamar, MS, 38642 earns from $1,145/mo rent with a $1,297/mo payment. Total monthly income totals $1,145/mo. ROI tracks 13.4% on current figures, and rental yield reads 5.18% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 67.87% and total cumulative return in cash sums $59,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,145/mo property income instead of your personal income.
Single Family
Built in 1959
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38642, Lamar, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 921 (69.8%) |
| Renter Occupied HU | 182 (13.8%) |
| Vacant Housing Units | 216 (16.4%) |
| Median Home Value | $107,797 |
| Average Home Value | $163,244 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
45
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Listed by: Bill M Zolnay • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4098829
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.