120 Joe Dear RdHarrisvilleMS39082
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 Harrisville at 120 Joe Dear Rd, Harrisville, MS, 39082 listed at $225,000 pairs $1,487/mo rent with a $1,101/mo payment to leave $110/mo cash flow. Total monthly income runs $1,487/mo, and annual cash flow reaches $1,324/yr on $74,588 cash to close. Return on cash invested measures 21.68% in year one, and rental yield registers 7.93% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 112.31% and total cumulative return in cash totals $83,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,487/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2013
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39082, Harrisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 394 (73.8%) |
| Renter Occupied HU | 60 (11.2%) |
| Vacant Housing Units | 80 (15.0%) |
| Median Home Value | $91,628 |
| Average Home Value | $74,270 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
540
Multi-Family
0
Businesses
20
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Listed by: Bo Chandler • Conrad Martin Real Estate, Inc
Mls Name: MLS United
Mls ID: #4115421
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.