1208 Fern DrPicayuneMS39466
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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
Investment property for sale in Picayune at 1208 Fern Dr, Picayune, MS, 39466 earns $295/mo cash flow from $1,335/mo rent with a $832/mo payment. Total monthly income totals $1,335/mo, and annual cash flow totals $3,538/yr on $56,322 capital. ROI tracks 26.19% on current figures, and rental yield reads 9.43% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 136.45% and total cumulative return in cash sums $76,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,335/mo property income instead of your personal income.
Single Family
Built in 1984
0.30 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 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Grace Templet • Templet Realty, LLC
Mls Name: Pearl River County BOR
Mls ID: #183188
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.