153 Hickory Grove Church RdSumrallMS39482
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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 Sumrall at 153 Hickory Grove Church Rd, Sumrall, MS, 39482 generates $989/mo in rent and, after a $612/mo payment, leaves $224/mo in cash flow. Total monthly income is $989/mo, and annual cash flow is $2,687/yr on $41,438 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.49% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.54% and total cumulative return in cash sums $56,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $989/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Aeron A Jones • Epique Realty
Mls Name: MLS United
Mls ID: #4069891
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.