53 N Barnes Field DrHattiesburgMS39402
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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 Hattiesburg at 53 N Barnes Field Dr, Hattiesburg, MS, 39402 uses $90,831 cash to close to unlock $12,476/yr annual cash flow and $1,040/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $1,341/mo payment keeps the spread at $1,040/mo. Purchase price stands at $274,000, and rental yield measures 11.95% with $2,728/mo rent. Return on cash invested shows 33.64% in year one, and 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 176.46% and total cumulative return in cash records $160,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $1,341/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
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Listed by: Kisha Welford • Crye-Leike Pine Belt
Mls Name: HSMLS
Mls Provider:
Mls ID: #142549
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.