853 Lakeside DrWalnutMS38683
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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
Rental property for sale in Walnut at 853 Lakeside Dr, Walnut, MS, 38683 priced at $110,000 pairs $0/mo rent with after a $538/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.23% in year one, and rental yield stands at 0% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38683, Walnut, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,381 (100%) |
| Owner Occupied HU | 1,573 (66.1%) |
| Renter Occupied HU | 455 (19.1%) |
| Vacant Housing Units | 353 (14.8%) |
| Median Home Value | $113,632 |
| Average Home Value | $154,949 |
Housing Distribution
Address Breakdown
Residential
2,180
Single Family
2,180
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Amy L Patterson • Crye-Leike Of MS-OB
Mls Name: MLS United
Mls ID: #4123245