1389 W Union RdPicayuneMS39466
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 Picayune at 1389 W Union Rd, Picayune, MS, 39466 with 5% annual appreciation on a $215,000 basis while $2,118/mo rent supports operations. Total monthly income totals $2,118/mo and a $1,052/mo payment preserves $803/mo for cash returns. Annual cash flow comes to $9,632/yr on $71,273 deployed, and return on cash invested reaches 33.42% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.82%. Five-year ROI measures 175.22% and total cumulative return in cash totals $124,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,118/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
1.01 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey Hickman • Templet Realty, LLC
Mls Name: Pearl River County BOR
Mls ID: #181330
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.