518 Doc Johnson 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
Rental property for sale in Purvis at 518 Doc Johnson Rd, Purvis, MS, 39475 priced at $450,000 converts $2,966/mo rent into $212/mo cash flow after a $2,203/mo obligation. Total monthly income equals $2,966/mo, and annual cash flow totals $2,541/yr on $149,175 invested. Return on cash invested prints 21.61% in year one, and rental yield reads 7.91% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 111.88% and total cumulative return in cash sums $166,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,966/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1967
6.60 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: Shammah Beach • Selling Southern
Mls Name: HSMLS
Mls Provider:
Mls ID: #138856
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.