400 College StPelahatchieMS39145
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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 Pelahatchie at 400 College St, Pelahatchie, MS, 39145 priced at $239,000 converts $1,433/mo rent into after a $1,170/mo obligation. Total monthly income equals $1,433/mo. Return on cash invested prints 19.46% in year one, and rental yield reads 7.19% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 100.37% and total cumulative return in cash sums $79,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,433/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Multi Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39145, Pelahatchie, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,811 (77.4%) |
| Renter Occupied HU | 306 (13.1%) |
| Vacant Housing Units | 223 ( 9.5%) |
| Median Home Value | $279,754 |
| Average Home Value | $327,742 |
Housing Distribution
Address Breakdown
Residential
2,049
Single Family
2,005
Multi-Family
44
Businesses
125
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Listed by: Drew Jackson • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4122731
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.