LOT 70 Lost Oak LnBrandonMS39047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brandon at LOT 70 Lost Oak Ln, Brandon, MS, 39047 priced at $115,000 pairs $2,798/mo rent with $2,094/mo cash flow after a $563/mo payment. Total monthly income equals $2,798/mo, and annual cash flow comes to $25,129/yr on $38,123 invested. Return on cash invested is 85.83% in year one, and rental yield stands at 29.2% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 456.35% and total cumulative return in cash reaches $173,973. For financing, Ziffy Mortgage’s DSCR program evaluates $2,798/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39047, Brandon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 14,058 (82.4%) |
| Renter Occupied HU | 2,181 (12.8%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $284,842 |
| Average Home Value | $320,136 |
Housing Distribution
Address Breakdown
Residential
16,709
Single Family
15,919
Multi-Family
790
Businesses
850
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Nearby investment properties with comparable prices
Listed by: Carson Dobbs • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4083767
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.