2306 Turpin Rd NEBrookhavenMS39601
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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 Brookhaven at 2306 Turpin Rd NE, Brookhaven, MS, 39601 offers $1,422/mo rent that, after a $1,096/mo payment, leaves $52/mo cash flow. Total monthly income is $1,422/mo, and annual cash flow is $619/yr on $74,256 cash. Return on cash invested measures 20.74% in year one, and rental yield stands at 7.62% at a $224,000 entry. Equity gained on principal adds $1,445/yr while 5% annual appreciation compounds into $61,887 by year five. Five-year ROI records 107.25% and total cumulative return in cash reaches $79,639. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,422/mo property income versus a $1,096/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
7.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39601, Brookhaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,552 (100%) |
| Owner Occupied HU | 6,925 (65.6%) |
| Renter Occupied HU | 2,379 (22.5%) |
| Vacant Housing Units | 1,248 (11.8%) |
| Median Home Value | $154,543 |
| Average Home Value | $215,617 |
Housing Distribution
Address Breakdown
Residential
10,229
Single Family
9,796
Multi-Family
433
Businesses
920
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Listed by: Stacy Douchard • United Country - McDaniel Gray
Mls Name: Southwest Mississippi BOR
Mls ID: #143720
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.