1003 E Sycamore RdPicayuneMS39466
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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 Picayune at 1003 E Sycamore Rd, Picayune, MS, 39466 listed at $199,000 pairs $1,708/mo rent with a $974/mo payment to leave $490/mo cash flow. Total monthly income runs $1,708/mo, and annual cash flow reaches $5,883/yr on $65,969 cash to close. Return on cash invested measures 28.83% in year one, and rental yield registers 10.3% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 150.64% and total cumulative return in cash totals $99,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,708/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Angela Chambliss • Valente Real Estate, LLC
Mls Name: Pearl River County BOR
Mls ID: #182943