419 Walnut Grove DrPearlMS39208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pearl at 419 Walnut Grove Dr, Pearl, MS, 39208 offers a 9.8% rental yield on a $269,500 purchase with $2,200/mo rent. Total monthly income registers $2,200/mo, and a $1,319/mo payment leaves $549/mo available for distribution. Annual cash flow reaches $6,585/yr on $89,339 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $1,739/yr while 5% annual appreciation supports $74,458 over five years. Portfolio math shows five-year ROI at 142.3% and total cumulative return in cash at $127,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,200/mo property income against a $1,319/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.46 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Magee-Byrd • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4082795
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.