2062 Fox Hill LnByramMS39272
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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 Byram at 2062 Fox Hill Ln, Byram, MS, 39272 uses $50,720 cash to close to unlock $2,551/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,149/mo, and a $749/mo payment keeps the spread at $213/mo. Purchase price stands at $153,000, and rental yield measures 9.01% with $1,149/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 129.77% and total cumulative return in cash records $65,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,149/mo property income covering a $749/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39272, Byram, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,957 (100%) |
| Owner Occupied HU | 4,103 (68.9%) |
| Renter Occupied HU | 1,384 (23.2%) |
| Vacant Housing Units | 470 ( 7.9%) |
| Median Home Value | $194,189 |
| Average Home Value | $208,284 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,860
Multi-Family
884
Businesses
656
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Listed by: Michelle Davis • Back Porch Realty, LLC
Mls Name: MLS United
Mls ID: #4118536