10 Karpen DrPetalMS39465
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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 Petal at 10 Karpen Dr, Petal, MS, 39465 offers a 10.28% rental yield on a $240,000 purchase with $2,056/mo rent. Total monthly income registers $2,056/mo, and a $1,175/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,044/yr on $79,560 to close, and return on cash invested stands at 28.76% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 150.21% and total cumulative return in cash at $119,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,056/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Lauren Etheridge • Nimble Real Estate
Mls Name: HSMLS
Mls ID: #144402