3208 Jamestown RdHattiesburgMS39402
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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
Rental property for sale in Hattiesburg at 3208 Jamestown Rd, Hattiesburg, MS, 39402 priced at $349,000 converts $3,420/mo rent into $1,284/mo cash flow after a $1,708/mo obligation. Total monthly income equals $3,420/mo, and annual cash flow totals $15,414/yr on $115,694 invested. Return on cash invested prints 33.23% in year one, and rental yield reads 11.76% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 174.22% and total cumulative return in cash sums $201,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.34 Acres 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: BRENDA O'NEAL LAMBERT • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls Provider:
Mls ID: #143477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.