508 Baker RdPurvisMS39475
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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 Purvis at 508 Baker Rd, Purvis, MS, 39475 listed at $419,900 pairs $2,753/mo rent with a $2,055/mo payment to leave $184/mo cash flow. Total monthly income runs $2,753/mo, and annual cash flow reaches $2,204/yr on $139,197 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 7.87% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Five-year ROI tracks 111.23% and total cumulative return in cash totals $154,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,753/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Listed by: Lindsay Palmer • B & Co Realty
Mls Name: HSMLS
Mls ID: #144136