34 & 36 Casey LnPetalMS39465
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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 34 & 36 Casey Ln, Petal, MS, 39465 priced at $233,700 converts $1,475/mo rent into $45/mo cash flow after a $1,144/mo obligation. Total monthly income equals $1,475/mo, and annual cash flow totals $537/yr on $77,472 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 7.57% against a $233,700 entry. Equity gained on principal adds $1,508/yr, while 5% annual appreciation compiles into $64,567 by year five. Five-year ROI reaches 106.48% and total cumulative return in cash sums $82,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,475/mo property income covering a $1,144/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A