611 Lexington DrFlorenceMS39073
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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 Florence at 611 Lexington Dr, Florence, MS, 39073 listed at $104,000 pairs $815/mo rent with a $509/mo payment to leave $179/mo cash flow. Total monthly income runs $815/mo, and annual cash flow reaches $2,143/yr on $34,476 cash to close. Return on cash invested measures 26.13% in year one, and rental yield registers 9.4% at a $104,000 basis. Equity gained on principal adds $671/yr, and annual property appreciation at 5% supports $28,733 by year five. Five-year ROI tracks 136.16% and total cumulative return in cash totals $46,944. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $815/mo property income relative to a $509/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39073, Florence, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 7,088 (79.1%) |
| Renter Occupied HU | 1,219 (13.6%) |
| Vacant Housing Units | 655 ( 7.3%) |
| Median Home Value | $255,000 |
| Average Home Value | $266,199 |
Housing Distribution
Address Breakdown
Residential
8,102
Single Family
7,970
Multi-Family
132
Businesses
405
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Listed by: N/A • N/A
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Mls ID: #N/A