409 S Decatur StUnionMS39365
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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 Union at 409 S Decatur St, Union, MS, 39365 offers a 9.53% rental yield on a $170,000 purchase with $1,350/mo rent. Total monthly income registers $1,350/mo, and a $832/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,717/yr on $56,355 to close, and return on cash invested stands at 26.5% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 138.13% and total cumulative return in cash at $77,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
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Listed by: Stephanie Dempsey • Back Porch Realty, LLC
Mls Name: MLS United
Mls ID: #4110887
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.