539 Spring Lake DrPearlMS39208
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 Pearl at 539 Spring Lake Dr, Pearl, MS, 39208 with 5% annual appreciation on a $305,000 basis while $2,710/mo rent supports operations. Total monthly income totals $2,710/mo and a $1,493/mo payment preserves $843/mo for cash returns. Annual cash flow comes to $10,121/yr on $101,108 deployed, and return on cash invested reaches 29.92% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 10.66%. Five-year ROI measures 156.46% and total cumulative return in cash totals $158,194.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,710/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Edwards • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4126198