248 Terrace DrBrandonMS39042
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 248 Terrace Dr, Brandon, MS, 39042 in Brandon: $2,627/mo in rent, $600/mo in net income, 9.62% gross yield, 1.78 DSCR, all at $327,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $90,482 in appreciation and $3,016/yr in principal paydown projects total cumulative return of $162,778.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.1% |
| Monthly Cash Flow | $600 | $325 |
City averages based on Brandon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,627 |
| Total Monthly Debt Service | $1,897 |
| DSCR Ratio | 1.39x |
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 1998
N/A lot
$N/A/sqft
$137 semi-annually 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 1998
N/A lot
$N/A/sqft
$137 semi-annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna S Spooner • Dream Home Properties
Mls Name: MLS United
Mls ID: #4092924
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.