22 Shears RdHattiesburgMS39402
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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 Hattiesburg at 22 Shears Rd, Hattiesburg, MS, 39402 offers a 0.96% rental yield on a $1,200,000 purchase with $959/mo rent. 67% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1984
N/A 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
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Listed by: Bruna Bezerra • B & Co. Realty
Mls Name: MLS United
Mls ID: #4106507
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.