20 CimarronHattiesburgMS39402
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 20 Cimarron, Hattiesburg, MS, 39402 at $349,900 posts ROI 22.92% with $291/mo cash flow from $2,454/mo rent. Total monthly income equals $2,454/mo, and annual cash flow records $3,489/yr on $115,992 to close. Return on cash invested measures 22.92% and rental yield reads 8.42% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 118.97% and total cumulative return in cash totals $137,994.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,454/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
N/A 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
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Listed by: Kisha Welford • Crye-Leike Pine Belt
Mls Name: HSMLS
Mls Provider:
Mls ID: #140119
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.