347 Audubon CirBrandonMS39047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brandon at 347 Audubon Cir, Brandon, MS, 39047 priced at $199,000 converts $1,497/mo rent into $279/mo cash flow after a $974/mo obligation. Total monthly income equals $1,497/mo, and annual cash flow totals $3,351/yr on $65,969 invested. Return on cash invested prints 24.99% in year one, and rental yield reads 9.03% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 130.05% and total cumulative return in cash sums $85,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,497/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1996
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39047, Brandon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 14,058 (82.4%) |
| Renter Occupied HU | 2,181 (12.8%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $284,842 |
| Average Home Value | $320,136 |
Housing Distribution
Address Breakdown
Residential
16,709
Single Family
15,919
Multi-Family
790
Businesses
850
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Listed by: Joslynne Arzate • Posey Land Company LLC
Mls Name: MLS United
Mls ID: #4123348