38 J C Pickering DrSeminaryMS39479
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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 Seminary at 38 J C Pickering Dr, Seminary, MS, 39479 earns $684/mo cash flow from $2,458/mo rent with a $1,419/mo payment. Total monthly income totals $2,458/mo, and annual cash flow totals $8,206/yr on $96,102 capital. ROI tracks 28.45% on current figures, and rental yield reads 10.17% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 148.54% and total cumulative return in cash sums $142,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,458/mo property income instead of your personal income.
Single Family
Built in 2008
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39479, Seminary, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,979 (78.3%) |
| Renter Occupied HU | 266 (10.5%) |
| Vacant Housing Units | 281 (11.1%) |
| Median Home Value | $160,683 |
| Average Home Value | $196,685 |
Housing Distribution
Address Breakdown
Residential
2,273
Single Family
2,273
Multi-Family
0
Businesses
104
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Listed by: Kristy Thompson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls Provider:
Mls ID: #143119
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.