620 Cedar Grove RdLenaMS39094
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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
Rental property for sale in Lena at 620 Cedar Grove Rd, Lena, MS, 39094 priced at $224,900 pairs $0/mo rent with after a $1,101/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.25% in year one, and rental yield stands at 0% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2010
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39094, Lena, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 1,324 (74.5%) |
| Renter Occupied HU | 207 (11.7%) |
| Vacant Housing Units | 245 (13.8%) |
| Median Home Value | $128,914 |
| Average Home Value | $171,412 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,620
Multi-Family
0
Businesses
36
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No similar rental properties found nearby.
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Listed by: Debbie Walker • McKee Realty, Inc.
Mls Name: MLS United
Mls ID: #4119540