16 Red Bud LnPerkinstonMS39573
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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 Perkinston at 16 Red Bud Ln, Perkinston, MS, 39573 priced at $200,000 pairs $1,702/mo rent with $478/mo cash flow after a $979/mo payment. Total monthly income equals $1,702/mo, and annual cash flow comes to $5,736/yr on $66,300 invested. Return on cash invested is 28.56% in year one, and rental yield stands at 10.21% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 149.13% and total cumulative return in cash reaches $98,876. For financing, Ziffy Mortgage’s DSCR program evaluates $1,702/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39573, Perkinston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,089 (100%) |
| Owner Occupied HU | 3,122 (76.4%) |
| Renter Occupied HU | 482 (11.8%) |
| Vacant Housing Units | 485 (11.9%) |
| Median Home Value | $216,438 |
| Average Home Value | $274,512 |
Housing Distribution
Address Breakdown
Residential
3,716
Single Family
3,714
Multi-Family
2
Businesses
96
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Listed by: Erica O'Neal Leidigh • McDaniel Realty Group, LLC
Mls Name: MLS United
Mls ID: #4123393