307 Romar PlHattiesburgMS39402
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
Investment Highlights
Investment property for sale in Hattiesburg at 307 Romar Pl, Hattiesburg, MS, 39402 at $314,600 posts ROI 32.52% with $1,096/mo cash flow from $3,043/mo rent. Total monthly income equals $3,043/mo, and annual cash flow records $13,157/yr on $104,290 to close. Return on cash invested measures 32.52% and rental yield reads 11.61% at the current $314,600. Equity gained on principal adds $2,030/yr, and 5% annual appreciation supports $86,918 by year five. Five-year ROI prints 170.52% and total cumulative return in cash totals $177,840.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,043/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A 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
Mls Name: Zillow Rentals
Mls ID: #N/A