309 Emerald WayBrandonMS39047
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
Rental property for sale in Brandon at 309 Emerald Way, Brandon, MS, 39047 priced at $340,000 converts $2,807/mo rent into $696/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,807/mo, and annual cash flow totals $8,354/yr on $112,710 invested. Return on cash invested prints 27.32% in year one, and rental yield reads 9.91% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 142.64% and total cumulative return in cash sums $160,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,807/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2015
8,712 sqft lot
$N/A/sqft
$182 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39047, Brandon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 14,058 (82.4%) |
| Renter Occupied HU | 2,181 (12.8%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $284,842 |
| Average Home Value | $320,136 |
Housing Distribution
Address Breakdown
Residential
16,709
Single Family
15,919
Multi-Family
790
Businesses
850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrianna Smith • Keller Williams
Mls Name: MLS United
Mls ID: #4092950
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.