522 Old Richton RdPetalMS39465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Petal at 522 Old Richton Rd, Petal, MS, 39465 uses $72,930 cash to close to unlock $2,802/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,580/mo, and a $1,077/mo payment keeps the spread at $234/mo. Purchase price stands at $220,000, and rental yield measures 8.62% with $1,580/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 123.39% and total cumulative return in cash records $89,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,580/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawson Lowery • Epique Realty
Mls Name: HSMLS
Mls ID: #145454