45 Richburg RdPurvisMS39475
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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 Purvis at 45 Richburg Rd, Purvis, MS, 39475 uses $97,130 cash to close to unlock $5,245/yr annual cash flow and $437/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,434/mo payment keeps the spread at $437/mo. Purchase price stands at $293,000, and rental yield measures 9.13% with $2,230/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 131.75% and total cumulative return in cash records $127,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,434/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Listed by: N/A • N/A
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