315 Kirby AvePelahatchieMS39145
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 Pelahatchie at 315 Kirby Ave, Pelahatchie, MS, 39145 priced at $135,000 pairs $1,047/mo rent with $221/mo cash flow after a $661/mo payment. Total monthly income equals $1,047/mo, and annual cash flow comes to $2,647/yr on $44,753 invested. Return on cash invested is 25.82% in year one, and rental yield stands at 9.31% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 134.53% and total cumulative return in cash reaches $60,205. For financing, Ziffy Mortgage’s DSCR program evaluates $1,047/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39145, Pelahatchie, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,811 (77.4%) |
| Renter Occupied HU | 306 (13.1%) |
| Vacant Housing Units | 223 ( 9.5%) |
| Median Home Value | $279,754 |
| Average Home Value | $327,742 |
Housing Distribution
Address Breakdown
Residential
2,049
Single Family
2,005
Multi-Family
44
Businesses
125
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Listed by: Jarvis Stingley • Advent Realty Company LLC
Mls Name: MLS United
Mls ID: #4102074
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.