1551 N Beech StPicayuneMS39466
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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 1551 N Beech St, Picayune, MS, 39466 offers a 9.03% rental yield on a $159,900 purchase with $1,203/mo rent. Total monthly income registers $1,203/mo, and a $783/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,338/yr on $53,007 to close, and return on cash invested stands at 24.32% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 126.65% and total cumulative return in cash at $67,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,203/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.43 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: Devin Smith • RE/MAX Premier Group
Mls Name: Pearl River County BOR
Mls ID: #183677
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.