318 40th 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 318 40th Pl, Hattiesburg, MS, 39402 earns from $2,711/mo rent with a $2,396/mo payment. Total monthly income totals $2,711/mo. ROI tracks 16.01% on current figures, and rental yield reads 6.65% at a $489,500 purchase. Equity gained on principal adds $3,159/yr, and 5% annual appreciation supports $135,240 over five years. Five-year ROI reaches 82.49% and total cumulative return in cash sums $133,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,711/mo property income instead of your personal income.
Single Family
Built in 2005
0.82 Acres lot
$N/A/sqft
$625 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley A Brown • Hub City Realty, Hattiesburg R
Mls Name: MLS United
Mls ID: #4113096
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.