233 Oak StRaymondMS39154
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
Investment property for sale in Raymond at 233 Oak St, Raymond, MS, 39154 offers a 6% rental yield on a $450,000 purchase with $2,251/mo rent. 86% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 81.04% and total cumulative return in cash at $120,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,251/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1830
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,877 (78.3%) |
| Renter Occupied HU | 497 (13.5%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $271,334 |
| Average Home Value | $280,469 |
Housing Distribution
Address Breakdown
Residential
3,229
Single Family
3,013
Multi-Family
216
Businesses
218
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Nearby investment properties with comparable prices
Listed by: Tripp Spruill • Weichert Realtors - Innovations
Mls Name: MLS United
Mls ID: #4088310
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.