28 Millikens BndHattiesburgMS39402
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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 Hattiesburg at 28 Millikens Bnd, Hattiesburg, MS, 39402 generates $5,507/mo in rent, after a $5,506/mo payment. Total monthly income is $5,507/mo. Return on cash invested sits at 15.34% in year one, and rental yield is 5.87% on a $1,124,900 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation builds toward $310,789 over five years. Five-year ROI reaches 78.3% and total cumulative return in cash sums $285,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,507/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.90 Acres lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
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Listed by: Charles M Dawe • Keller Williams
Mls Name: MLS United
Mls ID: #4120896
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.