27 N 3rd StBay SpringsMS39422
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
Investment property for sale in Bay Springs at 27 N 3rd St, Bay Springs, MS, 39422 with 5% annual appreciation on a $110,000 basis while $840/mo rent supports operations. Total monthly income totals $840/mo and a $538/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,007/yr on $36,465 deployed, and return on cash invested reaches 25.41% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.16%. Five-year ROI measures 132.36% and total cumulative return in cash totals $48,264.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $840/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39422, Bay Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,663 (70.2%) |
| Renter Occupied HU | 378 (15.9%) |
| Vacant Housing Units | 329 (13.9%) |
| Median Home Value | $121,649 |
| Average Home Value | $159,784 |
Housing Distribution
Address Breakdown
Residential
1,755
Single Family
1,706
Multi-Family
49
Businesses
192
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heath Morgigno • Evans Premier Properties, LLC
Mls Name: MLS United
Mls ID: #4111177
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.