110 Olie Walker RdPerkinstonMS39573
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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 Perkinston at 110 Olie Walker Rd, Perkinston, MS, 39573 priced at $239,900 converts $1,695/mo rent into $227/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,695/mo, and annual cash flow totals $2,726/yr on $79,527 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.48% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 121.18% and total cumulative return in cash sums $96,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,695/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 2011
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39573, Perkinston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,089 (100%) |
| Owner Occupied HU | 3,122 (76.4%) |
| Renter Occupied HU | 482 (11.8%) |
| Vacant Housing Units | 485 (11.9%) |
| Median Home Value | $216,438 |
| Average Home Value | $274,512 |
Housing Distribution
Address Breakdown
Residential
3,716
Single Family
3,714
Multi-Family
2
Businesses
96
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Listed by: Jeff D Harbour • Harbour Real Estate
Mls Name: MLS United
Mls ID: #4126861