2004 Bayberry DrFlowoodMS39232
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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 Flowood at 2004 Bayberry Dr, Flowood, MS, 39232 generates $2,492/mo in rent and, after a $1,415/mo payment, leaves $723/mo in cash flow. Total monthly income is $2,492/mo, and annual cash flow is $8,676/yr on $95,804 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.35% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 151.3% and total cumulative return in cash sums $144,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,492/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Listed by: Linda Curlee • Main Street Realty LLC
Mls Name: MLS United
Mls ID: #4130930