423 Mainsail WayBrandonMS39047
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
Rental property for sale in Brandon at 423 Mainsail Way, Brandon, MS, 39047 priced at $294,500 pairs $2,476/mo rent with $674/mo cash flow after a $1,441/mo payment. Total monthly income equals $2,476/mo, and annual cash flow comes to $8,091/yr on $97,627 invested. Return on cash invested is 28.2% in year one, and rental yield stands at 10.09% on a $294,500 basis. Equity gained on principal adds $1,900/yr, and 5% annual appreciation accumulates to $81,365 by year five. Five-year ROI measures 147.22% and total cumulative return in cash reaches $143,725. For financing, Ziffy Mortgage’s DSCR program evaluates $2,476/mo property income against a $1,441/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39047, Brandon, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 14,058 (82.4%) |
| Renter Occupied HU | 2,181 (12.8%) |
| Vacant Housing Units | 828 ( 4.9%) |
| Median Home Value | $284,842 |
| Average Home Value | $320,136 |
Housing Distribution
Address Breakdown
Residential
16,709
Single Family
15,919
Multi-Family
790
Businesses
850
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Nearby investment properties with comparable prices
Listed by: Tony Bahou • Exit New Door Realty
Mls Name: MLS United
Mls ID: #4091174
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.