243 Pettey RdForestMS39074
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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 Forest at 243 Pettey Rd, Forest, MS, 39074 priced at $186,220 converts $877/mo rent into after a $911/mo obligation. Total monthly income equals $877/mo. Return on cash invested prints 13.63% in year one, and rental yield reads 5.65% against a $186,220 entry. Equity gained on principal adds $1,202/yr, while 5% annual appreciation compiles into $51,449 by year five. Five-year ROI reaches 69.57% and total cumulative return in cash sums $42,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $877/mo property income covering a $911/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 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: N/A • N/A
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Mls ID: #N/A