1101 Highway 42SumrallMS39482
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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 Sumrall at 1101 Highway 42, Sumrall, MS, 39482 uses $41,404 cash to close to unlock $2,280/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $954/mo, and a $611/mo payment keeps the spread at $190/mo. Purchase price stands at $124,900, and rental yield measures 9.17% with $954/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 132.27% and total cumulative return in cash records $54,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: David L. Saulters • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls Provider:
Mls ID: #135762
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.