2288 Harperville RdForestMS39074
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
Investment Highlights
Rental property for sale in Forest at 2288 Harperville Rd, Forest, MS, 39074 priced at $142,000 pairs $1,492/mo rent with $623/mo cash flow after a $695/mo payment. Total monthly income equals $1,492/mo, and annual cash flow comes to $7,477/yr on $47,073 invested. Return on cash invested is 35.79% in year one, and rental yield stands at 12.61% on a $142,000 basis. Equity gained on principal adds $916/yr, and 5% annual appreciation accumulates to $39,232 by year five. Five-year ROI measures 188.01% and total cumulative return in cash reaches $88,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,492/mo property income against a $695/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39074, Forest, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,758 (100%) |
| Owner Occupied HU | 3,860 (67.0%) |
| Renter Occupied HU | 1,329 (23.1%) |
| Vacant Housing Units | 569 ( 9.9%) |
| Median Home Value | $112,575 |
| Average Home Value | $158,857 |
Housing Distribution
Address Breakdown
Residential
6,222
Single Family
6,022
Multi-Family
200
Businesses
613
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Nearby investment properties with comparable prices
Listed by: Daniel Ward • RE/MAX Connection
Mls Name: MLS United
Mls ID: #4111413
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.