45 Melvin 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
Investment property for sale in Perkinston at 45 Melvin Rd, Perkinston, MS, 39573 earns $203/mo cash flow from $1,053/mo rent with a $680/mo payment. Total monthly income totals $1,053/mo, and annual cash flow totals $2,433/yr on $46,079 capital. ROI tracks 25.19% on current figures, and rental yield reads 9.09% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 131.06% and total cumulative return in cash sums $60,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,053/mo property income instead of your personal income.
Manufactured
Built in 2008
1 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: Brad O Alexander • Alexander & Associates
Mls Name: MLS United
Mls ID: #4115394
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.