621 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 621 Lexington Dr, Florence, MS, 39073 at $199,900 posts ROI 28.98% with $501/mo cash flow from $1,724/mo rent. Total monthly income equals $1,724/mo, and annual cash flow records $6,013/yr on $66,267 to close. Return on cash invested measures 28.98% and rental yield reads 10.35% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 151.46% and total cumulative return in cash totals $100,369.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
8,712 sqft 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: Debbie Carter • Merck Team Realty, Inc.
Mls Name: MLS United
Mls ID: #4120215