16 Canebrake BlvdHattiesburgMS39402
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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 Hattiesburg at 16 Canebrake Blvd, Hattiesburg, MS, 39402 generates $4,776/mo in rent and, after a $3,617/mo payment, leaves $254/mo in cash flow. Total monthly income is $4,776/mo, and annual cash flow is $3,045/yr on $243,131 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 7.76% on a $739,000 entry. Equity gained on principal adds $4,769/yr, while 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 110.24% and total cumulative return in cash sums $268,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,776/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1 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
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Listed by: Wendy J Kulzer • Epique Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #142928
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.