Recently Funded DSCR Loan In Magee, Mississippi
Loan Scenario:
An experienced investor with five rental properties already in the portfolio worked with American Heritage Lending to cash out equity from a single-family home in Magee, Mississippi. Backed by a strong credit profile, the borrower drew a $105,000 loan against a $142,000 appraised value, a 74% loan-to-value that returned useful capital while keeping the leverage measured. The property’s income covered its obligations at a 1.009 debt-service coverage ratio, allowing the DSCR loan to qualify on rental performance alone and fund on a 30-year term.
Magee is a small, steady community in Simpson County in the heart of Mississippi, the kind of affordable market where low entry prices translate into resilient cash-on-cash returns. For a portfolio investor, these markets offer dependable rents and long tenant tenure, and the equity that accumulates becomes a reusable source of growth capital.
By recycling equity out of a property that keeps performing, this investor added dry powder for the next purchase without disturbing a reliable income stream. Portfolio owners looking to do the same can explore financing with our team.
Similar Recently Funded Case Studies: DSCR Loan in Magee, MS • DSCR Loan in Mc Kees Rocks, PA • DSCR Loan in Fayetteville, NC
Key Deal Points
| Address | Magee, MS |
| Loan Type | DSCR Cash Out Refinance |
| Borrower Profile | Experienced Investor |
| Property Type | Single Family Detached |
| Appraised Value | $142,000 |
| Loan Amount | $105,000 |
| Loan To Value (LTV) | 74% |
| DSCR | 1.009 |
| Loan Term | 30-Year |
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