150 Steele RdHattiesburgMS39402
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 Hattiesburg at 150 Steele Rd, Hattiesburg, MS, 39402 at $133,000 posts ROI 26.39% with $238/mo cash flow from $1,052/mo rent. Total monthly income equals $1,052/mo, and annual cash flow records $2,857/yr on $44,090 to close. Return on cash invested measures 26.39% and rental yield reads 9.49% at the current $133,000. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,745 by year five. Five-year ROI prints 137.6% and total cumulative return in cash totals $60,669.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,052/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
13.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lara Thrash • Coldwell Banker Don Nace, Inc.
Mls Name: HSMLS
Mls Provider:
Mls ID: #140915
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.