3305 Fernway DrHattiesburgMS39401
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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
Investment property for sale in Hattiesburg at 3305 Fernway Dr, Hattiesburg, MS, 39401 listed at $179,900 pairs $1,358/mo rent with a $881/mo payment to leave $140/mo cash flow. Total monthly income runs $1,358/mo, and annual cash flow reaches $1,680/yr on $59,637 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 9.06% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 118.71% and total cumulative return in cash totals $70,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,358/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
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Listed by: Bethany Roberts • Realty Executives The Executive Team
Mls Name: HSMLS
Mls Provider:
Mls ID: #140916
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.