111 Plantation Point Dr NPhiladelphiaMS39350
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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 Philadelphia at 111 Plantation Point Dr N, Philadelphia, MS, 39350 priced at $211,750 converts $2,016/mo rent into $721/mo cash flow after a $1,036/mo obligation. Total monthly income equals $2,016/mo, and annual cash flow totals $8,647/yr on $70,195 invested. Return on cash invested prints 32.23% in year one, and rental yield reads 11.42% against a $211,750 entry. Equity gained on principal adds $1,366/yr, while 5% annual appreciation compiles into $58,503 by year five. Five-year ROI reaches 168.83% and total cumulative return in cash sums $118,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,036/mo payment, not borrower’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39350, Philadelphia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,916 (100%) |
| Owner Occupied HU | 6,793 (68.5%) |
| Renter Occupied HU | 2,174 (21.9%) |
| Vacant Housing Units | 949 ( 9.6%) |
| Median Home Value | $115,180 |
| Average Home Value | $151,753 |
Housing Distribution
Address Breakdown
Residential
9,593
Single Family
9,279
Multi-Family
314
Businesses
955
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Listed by: Brittany Stinson • Stinson Realty
Mls Name: East Mississippi REALTORS
Mls ID: #26-11