29 Leaf LnHattiesburgMS39402
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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 Leaf Ln, Hattiesburg, MS, 39402 offers a 9.84% rental yield on a $267,000 purchase with $2,189/mo rent. Total monthly income registers $2,189/mo, and a $1,307/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,659/yr on $88,511 to close, and return on cash invested stands at 27.43% in year one. Equity gained on principal adds $1,723/yr while 5% annual appreciation supports $73,767 over five years. Portfolio math shows five-year ROI at 143.1% and total cumulative return in cash at $126,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,189/mo property income against a $1,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.65 Acres 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: Chandler Farris • Farris Property Group
Mls Name: HSMLS
Mls Provider:
Mls ID: #142335
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.