220 N Haugh AvePicayuneMS39466
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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 Picayune at 220 N Haugh Ave, Picayune, MS, 39466 offers a 9.21% rental yield on a $150,000 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $734/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,799/yr on $49,725 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 133.01% and total cumulative return in cash at $66,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Martha R Ford • Ford Realty, Inc.
Mls Name: MLS United
Mls ID: #4101785
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.