7158 Highway 57 N #BLucedaleMS39452
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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 Lucedale at 7158 Highway 57 N #B, Lucedale, MS, 39452 uses $49,692 cash to close to unlock $3,089/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $1,175/mo, and a $734/mo payment keeps the spread at $257/mo. Purchase price stands at $149,900, and rental yield measures 9.41% with $1,175/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 136.15% and total cumulative return in cash records $67,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,175/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39452, Lucedale, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 9,623 (74.1%) |
| Renter Occupied HU | 1,671 (12.9%) |
| Vacant Housing Units | 1,684 (13.0%) |
| Median Home Value | $177,866 |
| Average Home Value | $210,277 |
Housing Distribution
Address Breakdown
Residential
12,199
Single Family
12,162
Multi-Family
37
Businesses
707
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Listed by: Frances B Grimes • Coldwell Banker Smith Home Rltrs-Gautier
Mls Name: MLS United
Mls ID: #4132169