195 Will Thompson RdPicayuneMS39466
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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 Picayune at 195 Will Thompson Rd, Picayune, MS, 39466 generates $1,420/mo in rent and, after a $873/mo payment, leaves $328/mo in cash flow. Total monthly income is $1,420/mo, and annual cash flow is $3,942/yr on $59,140 invested. Return on cash invested sits at 26.57% in year one, and rental yield is 9.55% on a $178,400 entry. Equity gained on principal adds $1,151/yr, while 5% annual appreciation builds toward $49,289 over five years. Five-year ROI reaches 138.52% and total cumulative return in cash sums $81,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,420/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
2.70 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: James A Marble • EXIT Coastal Gateway Realty
Mls Name: MLS United
Mls ID: #4124468