17 Lasalle StHattiesburgMS39402
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 17 Lasalle St, Hattiesburg, MS, 39402 listed at $196,800 pairs $1,595/mo rent with a $963/mo payment to leave $391/mo cash flow. Total monthly income runs $1,595/mo, and annual cash flow reaches $4,691/yr on $65,239 cash to close. Return on cash invested measures 27.1% in year one, and rental yield registers 9.73% at a $196,800 basis. Equity gained on principal adds $1,270/yr, and annual property appreciation at 5% supports $54,372 by year five. Five-year ROI tracks 141.3% and total cumulative return in cash totals $92,183. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,595/mo property income relative to a $963/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
5,270 sqft 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: ANNITA W. LEFAN • Realty Star Network
Mls Name: HSMLS
Mls ID: #145519