196 W McHenry RdPerkinstonMS39573
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
Rental property for sale in Perkinston at 196 W McHenry Rd, Perkinston, MS, 39573 generates $2,287/mo in rent and, after a $1,125/mo payment, leaves $880/mo in cash flow. Total monthly income is $2,287/mo, and annual cash flow is $10,564/yr on $76,212 invested. Return on cash invested sits at 33.77% in year one, and rental yield is 11.94% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 177.12% and total cumulative return in cash sums $134,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,287/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
1.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Ladner • The Alderman Group-Tag Realty, LLC
Mls Name: MLS United
Mls ID: #4101936
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.