626 N Lexington StDurantMS39063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Durant at 626 N Lexington St, Durant, MS, 39063 offers $1,635/mo rent that, after a $683/mo payment, leaves $641/mo cash flow. Total monthly income is $1,635/mo, and annual cash flow is $7,687/yr on $46,244 cash. Return on cash invested measures 36.53% in year one, and rental yield stands at 14.06% at a $139,500 entry. Equity gained on principal adds $900/yr while 5% annual appreciation compounds into $38,541 by year five. Five-year ROI records 193.24% and total cumulative return in cash reaches $89,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,635/mo property income versus a $683/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39063, Durant, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 804 (60.0%) |
| Renter Occupied HU | 360 (26.9%) |
| Vacant Housing Units | 176 (13.1%) |
| Median Home Value | $70,984 |
| Average Home Value | $96,971 |
Housing Distribution
Address Breakdown
Residential
1,423
Single Family
1,268
Multi-Family
155
Businesses
158
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Listed by: Tiffiny Wade • TWade Realty LLC
Mls Name: MLS United
Mls ID: #4114085
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.