37 Higgins Cutoff RdSumrallMS39482
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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 Sumrall at 37 Higgins Cutoff Rd, Sumrall, MS, 39482 offers $2,372/mo rent that, after a $1,466/mo payment, leaves $539/mo cash flow. Total monthly income is $2,372/mo, and annual cash flow is $6,469/yr on $99,284 cash. Return on cash invested measures 26.42% in year one, and rental yield stands at 9.5% at a $299,500 entry. Equity gained on principal adds $1,933/yr while 5% annual appreciation compounds into $82,746 by year five. Five-year ROI records 137.74% and total cumulative return in cash reaches $136,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,372/mo property income versus a $1,466/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Louis Norman • Norman Property Group, LLC
Mls Name: MLS United
Mls ID: #4121649