1102 Douglas StPicayuneMS39466
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Picayune at 1102 Douglas St, Picayune, MS, 39466 at $179,900 posts ROI 25.12% with $259/mo cash flow from $1,381/mo rent. Total monthly income equals $1,381/mo, and annual cash flow records $3,107/yr on $59,637 to close. Return on cash invested measures 25.12% and rental yield reads 9.21% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 130.83% and total cumulative return in cash totals $78,021.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,381/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Carl Watson • Century 21 Busch Realty Group
Mls Name: MLS United
Mls ID: #4089900
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.