47 Timber RdgPurvisMS39475
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 Purvis at 47 Timber Rdg, Purvis, MS, 39475 priced at $279,900 converts $2,016/mo rent into $303/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,016/mo, and annual cash flow totals $3,637/yr on $92,787 invested. Return on cash invested prints 23.83% in year one, and rental yield reads 8.64% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 123.82% and total cumulative return in cash sums $114,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,016/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2001
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Edgar L Vines III • Vines Realty & Land
Mls Name: HSMLS
Mls Provider:
Mls ID: #140858
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.