502 Lakeview AveMcCombMS39648
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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 McComb at 502 Lakeview Ave, McComb, MS, 39648 listed at $122,000 pairs $870/mo rent with a $597/mo payment to leave $124/mo cash flow. Total monthly income runs $870/mo, and annual cash flow reaches $1,483/yr on $40,443 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 8.56% at a $122,000 basis. Equity gained on principal adds $787/yr, and annual property appreciation at 5% supports $33,706 by year five. Five-year ROI tracks 122.45% and total cumulative return in cash totals $49,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $870/mo property income relative to a $597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Jennifer Gayden • Home & Land Real Estate
Mls Name: Southwest Mississippi BOR
Mls ID: #143871
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.