353 Delta Dr WHattiesburgMS39402
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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 353 Delta Dr W, Hattiesburg, MS, 39402 listed at $225,000 pairs $1,608/mo rent with a $1,101/mo payment to leave $231/mo cash flow. Total monthly income runs $1,608/mo, and annual cash flow reaches $2,776/yr on $74,588 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 8.58% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 122.75% and total cumulative return in cash totals $91,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,608/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
N/A lot
$N/A/sqft
No 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: Steve Pahlman • Dunbar Real Estate Inc.
Mls Name: HSMLS
Mls Provider:
Mls ID: #143426
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.