26 E Spruce StSumrallMS39482
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
Investment Highlights
Rental property for sale in Sumrall at 26 E Spruce St, Sumrall, MS, 39482 priced at $279,900 pairs $2,363/mo rent with $650/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,363/mo, and annual cash flow comes to $7,801/yr on $92,787 invested. Return on cash invested is 28.32% in year one, and rental yield stands at 10.13% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 147.89% and total cumulative return in cash reaches $137,221. For financing, Ziffy Mortgage’s DSCR program evaluates $2,363/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Julie Robertson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls ID: #143089