20 Katie DrPurvisMS39475
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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
Investment property for sale in Purvis at 20 Katie Dr, Purvis, MS, 39475 uses $99,284 cash to close to unlock $4,801/yr annual cash flow and $400/mo monthly cash flow. Total monthly income runs $2,233/mo, and a $1,466/mo payment keeps the spread at $400/mo. Purchase price stands at $299,500, and rental yield measures 8.95% with $2,233/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 128.72% and total cumulative return in cash records $127,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $1,466/mo payment rather than investor’s personal income.
Single Family
Built in 1995
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Listed by: Kristen Dickinson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls Provider:
Mls ID: #139173
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.