301 Bay StPurvisMS39475
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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 Purvis at 301 Bay St, Purvis, MS, 39475 with 5% annual appreciation on a $105,000 basis while $825/mo rent supports operations. Total monthly income totals $825/mo and a $514/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,188/yr on $34,808 deployed, and return on cash invested reaches 26.2% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.43%. Five-year ROI measures 136.6% and total cumulative return in cash totals $47,546.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $825/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Listed by: Hillary Copeland • Epique Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #142877
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.