504 Heslep StPelahatchieMS39145
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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
Rental property for sale in Pelahatchie at 504 Heslep St, Pelahatchie, MS, 39145 priced at $280,000 pairs $2,002/mo rent with $289/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,002/mo, and annual cash flow comes to $3,468/yr on $92,820 invested. Return on cash invested is 23.65% in year one, and rental yield stands at 8.58% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 122.78% and total cumulative return in cash reaches $113,961. For financing, Ziffy Mortgage’s DSCR program evaluates $2,002/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39145, Pelahatchie, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,340 (100%) |
| Owner Occupied HU | 1,811 (77.4%) |
| Renter Occupied HU | 306 (13.1%) |
| Vacant Housing Units | 223 ( 9.5%) |
| Median Home Value | $279,754 |
| Average Home Value | $327,742 |
Housing Distribution
Address Breakdown
Residential
2,049
Single Family
2,005
Multi-Family
44
Businesses
125
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Listed by: Lindsay Tharp • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4092401
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.