120 Cedar Grove RdPetalMS39465
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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 Petal at 120 Cedar Grove Rd, Petal, MS, 39465 generates $1,500/mo in rent, after a $1,591/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 14.46% in year one, and rental yield is 5.54% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 73.52% and total cumulative return in cash sums $79,213. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5.36 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: Chasity Underwood • Epique Realty
Mls Name: MLS United
Mls ID: #4133085