42 Boone RdPerkinstonMS39573
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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 Perkinston at 42 Boone Rd, Perkinston, MS, 39573 offers $2,364/mo rent that, after a $3,426/mo payment. Total monthly income is $2,364/mo. Return on cash invested measures 10.06% in year one, and rental yield stands at 4.05% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 49.89% and total cumulative return in cash reaches $114,884. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,364/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39573, Perkinston, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,089 (100%) |
| Owner Occupied HU | 3,122 (76.4%) |
| Renter Occupied HU | 482 (11.8%) |
| Vacant Housing Units | 485 (11.9%) |
| Median Home Value | $216,438 |
| Average Home Value | $274,512 |
Housing Distribution
Address Breakdown
Residential
3,716
Single Family
3,714
Multi-Family
2
Businesses
96
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Listed by: Jennifer M Johnson • Cameron Bell Properties, Inc.
Mls Name: MLS United
Mls ID: #4124222