29 Forest Hill RdByhaliaMS38611
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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 Byhalia at 29 Forest Hill Rd, Byhalia, MS, 38611 offers $2,039/mo rent that, after a $1,297/mo payment, leaves $414/mo cash flow. Total monthly income is $2,039/mo, and annual cash flow is $4,971/yr on $87,848 cash. Return on cash invested measures 25.57% in year one, and rental yield stands at 9.23% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 133.15% and total cumulative return in cash reaches $116,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,039/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Nearby investment properties with comparable prices
Listed by: April B Davison • BHHS McLemore & Co Realty
Mls Name: MLS United
Mls ID: #4110240
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.