515 2nd 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
Investment property for sale in Pelahatchie at 515 2nd St, Pelahatchie, MS, 39145 earns $529/mo cash flow from $1,612/mo rent with a $866/mo payment. Total monthly income totals $1,612/mo, and annual cash flow totals $6,352/yr on $58,642 capital. ROI tracks 30.74% on current figures, and rental yield reads 10.93% at a $176,900 purchase. Equity gained on principal adds $1,142/yr, and 5% annual appreciation supports $48,874 over five years. Five-year ROI reaches 160.89% and total cumulative return in cash sums $94,347. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,612/mo property income instead of your personal income.
Single Family
Built in 1951
0.27 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: Brooke Witcher • Turn Key Properties, LLC
Mls Name: MLS United
Mls ID: #4136745