257 Magnolia RdPerkinstonMS39573
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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 Perkinston at 257 Magnolia Rd, Perkinston, MS, 39573 offers a 6.91% rental yield on a $425,000 purchase with $2,447/mo rent. 6% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 95.75% and total cumulative return in cash at $134,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,447/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
16.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39573, Perkinston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,089 (100%) |
| Owner Occupied HU | 3,122 (76.4%) |
| Renter Occupied HU | 482 (11.8%) |
| Vacant Housing Units | 485 (11.9%) |
| Median Home Value | $216,438 |
| Average Home Value | $274,512 |
Housing Distribution
Address Breakdown
Residential
3,716
Single Family
3,714
Multi-Family
2
Businesses
96
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Listed by: Paul Hardy • Paul Hardy Properties
Mls Name: MLS United
Mls ID: #4134291