28 Millikens BndHattiesburgMS39402
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.87% gross rental yield, 28 Millikens Bnd, Hattiesburg, MS, 39402 in Hattiesburg is priced for capital growth, not immediate cash flow. The $1,124,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $310,789 by year five, with $10,360/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.09) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $328,480.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.2% |
| Monthly Cash Flow | $(1,529) | $850 |
City averages based on Hattiesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,507 |
| Total Monthly Debt Service | $6,588 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.