38 Wyatt LnPicayuneMS39466
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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 Picayune at 38 Wyatt Ln, Picayune, MS, 39466 listed at $259,900 pairs $2,160/mo rent with a $1,272/mo payment to leave $533/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $6,399/yr on $86,157 cash to close. Return on cash invested measures 27.34% in year one, and rental yield registers 9.97% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 142.82% and total cumulative return in cash totals $123,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Naomi McCormick • Templet Realty, LLC
Mls Name: Pearl River County BOR
Mls ID: #183687
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.