210 S 16th AveHattiesburgMS39401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 210 S 16th Ave, Hattiesburg, MS, 39401 in Hattiesburg at $159,000 earns $1,201/mo in rent and nets $197/mo after the $715/mo payment, a 9.07% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $43,929 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,464/yr in principal paydown, total projected return reaches $73,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $197 | $850 |
City averages based on Hattiesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,201 |
| Total Monthly Debt Service | $941 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
8,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
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
Single Family
Built in 1940
8,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Madelyn Johnson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls Provider:
Mls ID: #140823
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.