56 Joshbury CirLaurelMS39443
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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 Laurel at 56 Joshbury Cir, Laurel, MS, 39443 with 5% annual appreciation on a $300,000 basis while $2,540/mo rent supports operations. Total monthly income totals $2,540/mo and a $1,468/mo payment preserves $653/mo for cash returns. Annual cash flow comes to $7,833/yr on $99,450 deployed, and return on cash invested reaches 27.79% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 10.16%. Five-year ROI measures 145.22% and total cumulative return in cash totals $144,420.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,540/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39443, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,252 (100%) |
| Owner Occupied HU | 7,644 (74.6%) |
| Renter Occupied HU | 1,499 (14.6%) |
| Vacant Housing Units | 1,109 (10.8%) |
| Median Home Value | $165,051 |
| Average Home Value | $195,475 |
Housing Distribution
Address Breakdown
Residential
10,197
Single Family
10,197
Multi-Family
0
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Lee Boyette, Cne, Gri, Srs • Woodland Realty, Inc.
Mls Name: LBOR
Mls ID: #36940
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.