904 Sunrise DrLaurelMS39440
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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 Laurel at 904 Sunrise Dr, Laurel, MS, 39440 generates $1,019/mo in rent and, after a $661/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,019/mo, and annual cash flow is $2,311/yr on $44,753 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.06% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash sums $58,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,019/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39440, Laurel, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 4,317 (50.5%) |
| Renter Occupied HU | 3,173 (37.1%) |
| Vacant Housing Units | 1,057 (12.4%) |
| Median Home Value | $128,459 |
| Average Home Value | $182,011 |
Housing Distribution
Address Breakdown
Residential
7,887
Single Family
7,358
Multi-Family
529
Businesses
1,223
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Listed by: Joanna Martin • Jerry Ford Real Estate LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #143065
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.