3537 Patterson DrPearlMS39208
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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 Pearl at 3537 Patterson Dr, Pearl, MS, 39208 offers a 10.7% rental yield on a $225,000 purchase with $2,006/mo rent. Total monthly income registers $2,006/mo, and a $1,101/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,552/yr on $74,588 to close, and return on cash invested stands at 30.03% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 157.08% and total cumulative return in cash at $117,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,006/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
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Listed by: Walt R Wofford • Neighbor House, LLC
Mls Name: MLS United
Mls ID: #4121325