222 Park StHoustonMS38851
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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 Houston at 222 Park St, Houston, MS, 38851 generates $1,090/mo in rent and, after a $710/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,090/mo, and annual cash flow is $2,428/yr on $48,068 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 9.02% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 129.93% and total cumulative return in cash sums $62,456. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,090/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38851, Houston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,872 (100%) |
| Owner Occupied HU | 2,601 (67.2%) |
| Renter Occupied HU | 839 (21.7%) |
| Vacant Housing Units | 432 (11.2%) |
| Median Home Value | $115,228 |
| Average Home Value | $160,800 |
Housing Distribution
Address Breakdown
Residential
3,611
Single Family
3,537
Multi-Family
74
Businesses
466
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Listed by: Bob Pearson • U. S. SOUTH, INC.
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4245
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.