20 Hickory KnlHattiesburgMS39402
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 Hattiesburg at 20 Hickory Knl, Hattiesburg, MS, 39402 generates $1,282/mo in rent and, after a $827/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,282/mo, and annual cash flow is $2,976/yr on $56,024 invested. Return on cash invested sits at 25.22% in year one, and rental yield is 9.1% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 131.21% and total cumulative return in cash sums $73,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,282/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
5,227 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: Brandie L Hopstein • Berkshire Hathaway Home Servs., Panoramic Properties
Mls Name: MLS United
Mls ID: #4097832
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.