412 Storm AveBrookhavenMS39601
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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 Brookhaven at 412 Storm Ave, Brookhaven, MS, 39601 offers $1,020/mo rent that, after a $5,359/mo payment. Total monthly income is $1,020/mo. Return on cash invested measures 1.16% in year one, and rental yield stands at 1.12% at a $1,095,000 entry. Equity gained on principal adds $7,066/yr while 5% annual appreciation compounds into $302,528 by year five. Five-year ROI records 2.09% and total cumulative return in cash reaches $7,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $5,359/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39601, Brookhaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,552 (100%) |
| Owner Occupied HU | 6,925 (65.6%) |
| Renter Occupied HU | 2,379 (22.5%) |
| Vacant Housing Units | 1,248 (11.8%) |
| Median Home Value | $154,543 |
| Average Home Value | $215,617 |
Housing Distribution
Address Breakdown
Residential
10,229
Single Family
9,796
Multi-Family
433
Businesses
920
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Listed by: Sherry Davis • Berkshire Hathaway HomeServices-Cabin & Creek
Mls Name: MLS United
Mls ID: #143734