507 W Chickasaw StBrookhavenMS39601
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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 Brookhaven at 507 W Chickasaw St, Brookhaven, MS, 39601 offers $1,560/mo rent that, after a $1,187/mo payment, leaves $76/mo cash flow. Total monthly income is $1,560/mo, and annual cash flow is $911/yr on $80,389 cash. Return on cash invested measures 21.04% in year one, and rental yield stands at 7.72% at a $242,500 entry. Equity gained on principal adds $1,565/yr while 5% annual appreciation compounds into $66,998 by year five. Five-year ROI records 108.83% and total cumulative return in cash reaches $87,487. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $1,187/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39601, Brookhaven, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,552 (100%) |
| Owner Occupied HU | 6,925 (65.6%) |
| Renter Occupied HU | 2,379 (22.5%) |
| Vacant Housing Units | 1,248 (11.8%) |
| Median Home Value | $154,543 |
| Average Home Value | $215,617 |
Housing Distribution
Address Breakdown
Residential
10,229
Single Family
9,796
Multi-Family
433
Businesses
920
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Listed by: Emily Lowery Bellipanni • Betsy Smith Properties
Mls Name: Southwest Mississippi BOR
Mls ID: #144838