56 Red Hill Church RdLumbertonMS39455
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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 56 Red Hill Church Rd, Lumberton, MS, 39455 listed at $124,900 pairs $938/mo rent with a $611/mo payment to leave $174/mo cash flow. Total monthly income runs $938/mo, and annual cash flow reaches $2,088/yr on $41,404 cash to close. Return on cash invested measures 24.95% in year one, and rental yield registers 9.01% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 129.78% and total cumulative return in cash totals $53,734. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $938/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
2.53 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: Kelli P Haney • NextHome Simplicity
Mls Name: MLS United
Mls ID: #4083527
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.