438 Monroe RdHattiesburgMS39401
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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
Investment property for sale in Hattiesburg at 438 Monroe Rd, Hattiesburg, MS, 39401 at $111,000 posts ROI 23.76% with $118/mo cash flow from $875/mo rent. Total monthly income equals $875/mo, and annual cash flow records $1,419/yr on $36,797 to close. Return on cash invested measures 23.76% and rental yield reads 9.46% at the current $111,000. Equity gained on principal adds $716/yr, and 5% annual appreciation supports $30,667 by year five. Five-year ROI prints 124.45% and total cumulative return in cash totals $45,794.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $875/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
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Listed by: Mildred Maddox • Mildred Maddox Real Estate, LLC
Mls Name: HSMLS
Mls Provider:
Mls ID: #142669
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.