475 County Road 12Bay SpringsMS39422
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 475 County Road 12, Bay Springs, MS, 39422 in Bay Springs at $103,000 earns $827/mo in rent and nets $195/mo after the $463/mo payment, a 9.61% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $28,457 over five years. Ziffy Mortgage underwrites this on a 1.79 DSCR without U.S. credit history. With $949/yr in principal paydown, total projected return reaches $51,703.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $195 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $827 |
| Total Monthly Debt Service | $589 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.