244 Pinehurst CirHazlehurstMS39083
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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
Investment property for sale in Hazlehurst at 244 Pinehurst Cir, Hazlehurst, MS, 39083 uses $39,780 cash to close to unlock $2,592/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $950/mo, and a $587/mo payment keeps the spread at $216/mo. Purchase price stands at $120,000, and rental yield measures 9.5% with $950/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 137.67% and total cumulative return in cash records $54,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $950/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39083, Hazlehurst, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,382 (100%) |
| Owner Occupied HU | 2,767 (63.1%) |
| Renter Occupied HU | 1,004 (22.9%) |
| Vacant Housing Units | 611 (13.9%) |
| Median Home Value | $99,124 |
| Average Home Value | $162,127 |
Housing Distribution
Address Breakdown
Residential
3,995
Single Family
3,914
Multi-Family
81
Businesses
453
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Listed by: LaShonda S Catchings • Community First Real Estate, L
Mls Name: MLS United
Mls ID: #4101661
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.