810 Myrick AveLumbertonMS39455
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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 Lumberton at 810 Myrick Ave, Lumberton, MS, 39455 with 5% annual appreciation on a $218,300 basis while $1,610/mo rent supports operations. Total monthly income totals $1,610/mo and a $1,068/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,295/yr on $72,366 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $1,409/yr, and five-year appreciation sums $60,312 alongside rental yield of 8.85%. Five-year ROI measures 127.19% and total cumulative return in cash totals $92,045.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,610/mo property income versus a $1,068/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39455, Lumberton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 3,189 (70.7%) |
| Renter Occupied HU | 626 (13.9%) |
| Vacant Housing Units | 696 (15.4%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,421 |
Housing Distribution
Address Breakdown
Residential
4,252
Single Family
4,069
Multi-Family
183
Businesses
174
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Listed by: Iceland Toney • Haus of Green Realty
Mls Name: HSMLS
Mls ID: #143724