321 Old River RdPetalMS39465
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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 Petal at 321 Old River Rd, Petal, MS, 39465 offers $2,327/mo rent that, after a $1,380/mo payment, leaves $602/mo cash flow. Total monthly income is $2,327/mo, and annual cash flow is $7,220/yr on $93,450 cash. Return on cash invested measures 27.64% in year one, and rental yield stands at 9.91% at a $281,900 entry. Equity gained on principal adds $1,819/yr while 5% annual appreciation compounds into $77,884 by year five. Five-year ROI records 144.19% and total cumulative return in cash reaches $134,741. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,327/mo property income versus a $1,380/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Leigh Ann Smith • Lisa Tingle Realty LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #139791
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.