174 Lake David Dr, Picayune, MS, 39466 | $252/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Picayune at 174 Lake David Dr, Picayune, MS, 39466 offers $1,814/mo rent that, after a $1,241/mo payment, leaves $252/mo cash flow. Total monthly income is $1,814/mo, and annual cash flow is $3,024/yr on $84,035 cash. Return on cash invested measures 23.51% in year one, and rental yield stands at 8.59% at a $253,500 entry. Equity gained on principal adds $1,636/yr while 5% annual appreciation compounds into $70,037 by year five. Five-year ROI records 122.15% and total cumulative return in cash reaches $102,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,814/mo property income versus a $1,241/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

4.10 Acres lot

$N/A/sqft

$125 annually 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