242 Penny LnBrandonMS39042
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 242 Penny Ln, Brandon, MS, 39042 in Brandon earns a 9.74% gross yield at $373,900. Rent of $3,035/mo nets $747/mo after the $1,681/mo mortgage. The 1.81 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $103,302 and $3,444/yr in equity accumulation project a total cumulative return of $189,739.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.1% |
| Monthly Cash Flow | $747 | $325 |
City averages based on Brandon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,035 |
| Total Monthly Debt Service | $2,139 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Jo Smith • Wright Choice Properties ,LLC
Mls Name: MLS United
Mls ID: #4126637