716 Allen Corner RdLamarMS38642
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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 Lamar at 716 Allen Corner Rd, Lamar, MS, 38642 earns $798/mo cash flow from $1,716/mo rent with a $734/mo payment. Total monthly income totals $1,716/mo, and annual cash flow totals $9,581/yr on $49,692 capital. ROI tracks 39.19% on current figures, and rental yield reads 13.74% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 206.2% and total cumulative return in cash sums $102,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,716/mo property income instead of your personal income.
Single Family
Built in 1986
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38642, Lamar, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,319 (100%) |
| Owner Occupied HU | 921 (69.8%) |
| Renter Occupied HU | 182 (13.8%) |
| Vacant Housing Units | 216 (16.4%) |
| Median Home Value | $107,797 |
| Average Home Value | $163,244 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
45
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Listed by: Tyrone M Smith • #1 Realty Group
Mls Name: MLS United
Mls ID: #4119569