27 Maroon DrPicayuneMS39466
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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 Picayune at 27 Maroon Dr, Picayune, MS, 39466 generates $1,111/mo in rent and, after a $680/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,111/mo, and annual cash flow is $2,136/yr on $46,079 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 9.59% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 128.51% and total cumulative return in cash sums $59,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,111/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.32 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: Jode' A Braxton • Cameron Bell Properties, Inc.
Mls Name: MLS United
Mls ID: #4086602
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.