0 Pickering RdFlorenceMS39073
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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 Florence at 0 Pickering Rd, Florence, MS, 39073 earns $167/mo cash flow from $816/mo rent with a $519/mo payment. Total monthly income totals $816/mo, and annual cash flow totals $2,006/yr on $35,139 capital. ROI tracks 25.62% on current figures, and rental yield reads 9.24% at a $106,000 purchase. Equity gained on principal adds $684/yr, and 5% annual appreciation supports $29,286 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash sums $46,912. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $816/mo property income instead of your personal income.
Single Family
Built in N/A
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39073, Florence, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 7,088 (79.1%) |
| Renter Occupied HU | 1,219 (13.6%) |
| Vacant Housing Units | 655 ( 7.3%) |
| Median Home Value | $255,000 |
| Average Home Value | $266,199 |
Housing Distribution
Address Breakdown
Residential
8,102
Single Family
7,970
Multi-Family
132
Businesses
405
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Listed by: Lynn King • Lynn King Real Estate
Mls Name: My State MLS
Mls ID: #11460094