24 Pickwick PlByhaliaMS38611
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 Byhalia at 24 Pickwick Pl, Byhalia, MS, 38611 offers $2,220/mo rent that, after a $1,454/mo payment, leaves $373/mo cash flow. Total monthly income is $2,220/mo, and annual cash flow is $4,476/yr on $98,452 cash. Return on cash invested measures 24.46% in year one, and rental yield stands at 8.97% at a $296,990 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,053 by year five. Five-year ROI records 127.31% and total cumulative return in cash reaches $125,343. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LeLinda Cox • D R Horton Inc (Memphis)
Mls Name: MLS United
Mls ID: #4105684
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.