109 Herring Dr, Raymond, MS, 39154 | $139/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Raymond at 109 Herring Dr, Raymond, MS, 39154 offers $2,023/mo rent that, after a $1,444/mo payment, leaves $139/mo cash flow. Total monthly income is $2,023/mo, and annual cash flow is $1,668/yr on $97,793 cash. Return on cash invested measures 21.61% in year one, and rental yield stands at 8.23% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 112.23% and total cumulative return in cash reaches $109,754. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,023/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1997

1.50 Acres lot

$N/A/sqft

$100 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,673 (100%)
Owner Occupied HU	2,877 (78.3%)
Renter Occupied HU	497 (13.5%)
Vacant Housing Units	299 ( 8.1%)
Median Home Value	$271,334
Average Home Value	$280,469