417 Devonport Cir, Raymond, MS, 39154 | $656/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1262 sft

529 Eaglewood Dr, Florence, MS, 39073

2 Bed
2 Bath
1400 sft

151 Caribbean Cv, Clinton, MS, 39056

5 Bed
3 Bath
3500 sft

1503 Northlake Cir, Jackson, MS, 39211

3 Bed
2 Bath
1484 sft

702 Trinity Ln, Ridgeland, MS, 39157

Nearby investment properties with comparable prices

3 Bed
2 Bath
2008 sft

768 Belhaven St, Jackson, MS, 39202

3 Bed
2 Bath
1458 sft

813 Eagles Nest Dr, Jackson, MS, 39272

Currently Rented+ 2 more

4 Bed
2 Bath
1369 sft

1042 E Broadwater Rd, Jackson, MS, 39212

3 Bed
2 Bath
2072 sft

968 Park Ln, Jackson, MS, 39211

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Raymond at 417 Devonport Cir, Raymond, MS, 39154 offers $2,322/mo rent that, after a $1,322/mo payment, leaves $656/mo cash flow. Total monthly income is $2,322/mo, and annual cash flow is $7,874/yr on $89,505 cash. Return on cash invested measures 28.71% in year one, and rental yield stands at 10.32% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 150.03% and total cumulative return in cash reaches $134,281. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,322/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.85 Acres lot

$N/A/sqft

$157 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39154, Raymond, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,673 (100%)
Owner Occupied HU	2,877 (78.3%)
Renter Occupied HU	497 (13.5%)
Vacant Housing Units	299 ( 8.1%)
Median Home Value	$271,334
Average Home Value	$280,469