338 Mount Pleasant Dr, Hattiesburg, MS, 39402 | $658/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hattiesburg at 338 Mount Pleasant Dr, Hattiesburg, MS, 39402 priced at $225,000 pairs $2,060/mo rent with $658/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,060/mo, and annual cash flow comes to $7,900/yr on $74,588 invested. Return on cash invested is 30.5% in year one, and rental yield stands at 10.99% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 159.74% and total cumulative return in cash reaches $119,145. For financing, Ziffy Mortgage’s DSCR program evaluates $2,060/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2017

5,227 sqft lot

$N/A/sqft

$300 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