475 County Road 12Bay SpringsMS39422
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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 Bay Springs at 475 County Road 12, Bay Springs, MS, 39422 listed at $103,000 pairs $827/mo rent with a $504/mo payment to leave $197/mo cash flow. Total monthly income runs $827/mo, and annual cash flow reaches $2,362/yr on $34,145 cash to close. Return on cash invested measures 26.83% in year one, and rental yield registers 9.63% at a $103,000 basis. Equity gained on principal adds $665/yr, and annual property appreciation at 5% supports $28,457 by year five. Five-year ROI tracks 139.87% and total cumulative return in cash totals $47,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $827/mo property income relative to a $504/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39422, Bay Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,663 (70.2%) |
| Renter Occupied HU | 378 (15.9%) |
| Vacant Housing Units | 329 (13.9%) |
| Median Home Value | $121,649 |
| Average Home Value | $159,784 |
Housing Distribution
Address Breakdown
Residential
1,755
Single Family
1,706
Multi-Family
49
Businesses
192
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Listed by: Lee Boyette, Cne, Gri, Srs • Woodland Realty, Inc.
Mls Name: LBOR
Mls ID: #36852
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.