38 Castlewoods WayPetalMS39465
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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 Petal at 38 Castlewoods Way, Petal, MS, 39465 with 5% annual appreciation on a $290,000 basis while $2,357/mo rent supports operations. Total monthly income totals $2,357/mo and a $1,419/mo payment preserves $528/mo for cash returns. Annual cash flow comes to $6,341/yr on $96,135 deployed, and return on cash invested reaches 26.5% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 9.75%. Five-year ROI measures 138.38% and total cumulative return in cash totals $133,036.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,357/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Lauren Pace Herrick • Selling Southern
Mls Name: HSMLS
Mls Provider:
Mls ID: #142104
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.