344 Serene HlHattiesburgMS39402
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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 344 Serene Hl, Hattiesburg, MS, 39402 priced at $415,000 converts $2,730/mo rent into $174/mo cash flow after a $2,031/mo obligation. Total monthly income equals $2,730/mo, and annual cash flow totals $2,087/yr on $137,573 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 7.89% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 110.93% and total cumulative return in cash sums $152,613. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.93 Acres lot
$N/A/sqft
$200 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 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
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Listed by: Debra K. Pace • Selling Southern
Mls Name: HSMLS
Mls Provider:
Mls ID: #141795
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.