37 ApplewoodPurvisMS39475
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 Purvis at 37 Applewood, Purvis, MS, 39475 priced at $239,900 converts $1,440/mo rent into after a $1,174/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 19.49% in year one, and rental yield reads 7.2% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 100.55% and total cumulative return in cash sums $79,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Shorts • Real Broker
Mls Name: HSMLS
Mls ID: #144717