117 King BlvdPetalMS39465
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
Rental property for sale in Petal at 117 King Blvd, Petal, MS, 39465 priced at $243,000 pairs $1,708/mo rent with $221/mo cash flow after a $1,189/mo payment. Total monthly income equals $1,708/mo, and annual cash flow comes to $2,656/yr on $80,555 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 8.43% on a $243,000 basis. Equity gained on principal adds $1,568/yr, and 5% annual appreciation accumulates to $67,136 by year five. Five-year ROI measures 120.48% and total cumulative return in cash reaches $97,052. For financing, Ziffy Mortgage’s DSCR program evaluates $1,708/mo property income against a $1,189/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Victoria King • Crye-Leike Pine Belt
Mls Name: HSMLS
Mls ID: #144828