717 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 717 Lexington Dr, Florence, MS, 39073 earns $644/mo cash flow from $2,216/mo rent with a $1,257/mo payment. Total monthly income totals $2,216/mo, and annual cash flow totals $7,731/yr on $85,162 capital. ROI tracks 28.99% on current figures, and rental yield reads 10.35% at a $256,900 purchase. Equity gained on principal adds $1,658/yr, and 5% annual appreciation supports $70,977 over five years. Five-year ROI reaches 151.48% and total cumulative return in cash sums $129,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,216/mo property income instead of your personal income.
Single Family
Built in 2017
10,454 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: Triston Cowan • Cowan Realty Group
Mls Name: MLS United
Mls ID: #4093536
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.