29 Hillcrest Dr UNIT 2HattiesburgMS39402
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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
Investment property for sale in Hattiesburg at 29 Hillcrest Dr UNIT 2, Hattiesburg, MS, 39402 with 5% annual appreciation on a $236,000 basis while $1,974/mo rent supports operations. Total monthly income totals $1,974/mo and a $1,155/mo payment preserves $530/mo for cash returns. Annual cash flow comes to $6,359/yr on $78,234 deployed, and return on cash invested reaches 28.04% in year one. Equity gained on principal adds $1,523/yr, and five-year appreciation sums $65,202 alongside rental yield of 10.04%. Five-year ROI measures 146.34% and total cumulative return in cash totals $114,486.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,974/mo property income versus a $1,155/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
4,063 sqft lot
$N/A/sqft
No 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: N/A • N/A
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