26403 Longvue DrPicayuneMS39466
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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 Picayune at 26403 Longvue Dr, Picayune, MS, 39466 generates $798/mo in rent and, after a $489/mo payment, leaves $187/mo in cash flow. Total monthly income is $798/mo, and annual cash flow is $2,238/yr on $33,150 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.58% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 139.05% and total cumulative return in cash sums $46,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $798/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Scott Poe • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4099761
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.