308 Sweetwater 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 308 Sweetwater Ln, Hattiesburg, MS, 39402 with 5% annual appreciation on a $209,500 basis while $1,850/mo rent supports operations. Total monthly income totals $1,850/mo and a $1,025/mo payment preserves $568/mo for cash returns. Annual cash flow comes to $6,820/yr on $69,449 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,352/yr, and five-year appreciation sums $57,881 alongside rental yield of 10.6%. Five-year ROI measures 155.46% and total cumulative return in cash totals $107,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,850/mo property income versus a $1,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
4,320 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: JAMES STROO • Realty Executives The Executive Team
Mls Name: HSMLS
Mls ID: #144709