104 Ramblewood DrHattiesburgMS39402
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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
Rental property for sale in Hattiesburg at 104 Ramblewood Dr, Hattiesburg, MS, 39402 priced at $299,500 converts $2,856/mo rent into $937/mo cash flow after a $1,466/mo obligation. Total monthly income equals $2,856/mo, and annual cash flow totals $11,247/yr on $99,284 invested. Return on cash invested prints 31.24% in year one, and rental yield reads 11.44% against a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation compiles into $82,746 by year five. Five-year ROI reaches 163.89% and total cumulative return in cash sums $162,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,856/mo property income covering a $1,466/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
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Listed by: Christy Mclemore • Keller Williams Elite
Mls Name: MLS United
Mls ID: #4097095
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.