108 Azalea DrForestMS39074
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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 Forest at 108 Azalea Dr, Forest, MS, 39074 priced at $325,000 converts $2,292/mo rent into $303/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,292/mo, and annual cash flow totals $3,634/yr on $107,738 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 8.46% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 120.83% and total cumulative return in cash sums $130,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,292/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1968
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39074, Forest, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,860 (67.0%) |
| Renter Occupied HU | 1,329 (23.1%) |
| Vacant Housing Units | 569 ( 9.9%) |
| Median Home Value | $112,575 |
| Average Home Value | $158,857 |
Housing Distribution
Address Breakdown
Residential
6,222
Single Family
6,022
Multi-Family
200
Businesses
613
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Listed by: Janet Culpepper • Triplett Realty Service
Mls Name: MLS United
Mls ID: #4125825