478 Highway 42SumrallMS39482
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 Sumrall at 478 Highway 42, Sumrall, MS, 39482 generates $3,095/mo in rent and, after a $2,325/mo payment, leaves $188/mo in cash flow. Total monthly income is $3,095/mo, and annual cash flow is $2,257/yr on $157,463 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 7.82% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 110.45% and total cumulative return in cash sums $173,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Latonia Ward • Crye-Leike Pine Belt
Mls Name: HSMLS
Mls ID: #145193