386 Old Highway 26PerkinstonMS39573
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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 Perkinston at 386 Old Highway 26, Perkinston, MS, 39573 uses $52,675 cash to close to unlock $6,496/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $1,514/mo, and a $778/mo payment keeps the spread at $541/mo. Purchase price stands at $158,900, and rental yield measures 11.43% with $1,514/mo rent. Return on cash invested shows 32.24% in year one, and 5% annual appreciation builds toward $43,901 over five years. Five-year ROI reaches 168.95% and total cumulative return in cash records $88,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,514/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1965
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39573, Perkinston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,089 (100%) |
| Owner Occupied HU | 3,122 (76.4%) |
| Renter Occupied HU | 482 (11.8%) |
| Vacant Housing Units | 485 (11.9%) |
| Median Home Value | $216,438 |
| Average Home Value | $274,512 |
Housing Distribution
Address Breakdown
Residential
3,716
Single Family
3,714
Multi-Family
2
Businesses
96
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Listed by: Ken A Harshbarger • Ellis Realty
Mls Name: MLS United
Mls ID: #4133441