115 Woodmont Dr, Picayune, MS, 39466 | $723/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 Picayune at 115 Woodmont Dr, Picayune, MS, 39466 offers $2,032/mo rent that, after a $1,040/mo payment, leaves $723/mo cash flow. Total monthly income is $2,032/mo, and annual cash flow is $8,672/yr on $70,444 cash. Return on cash invested measures 32.22% in year one, and rental yield stands at 11.47% at a $212,500 entry. Equity gained on principal adds $1,371/yr while 5% annual appreciation compounds into $58,710 by year five. Five-year ROI records 168.84% and total cumulative return in cash reaches $118,940. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,032/mo property income versus a $1,040/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

0.53 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