54 Pickwick PlByhaliaMS38611
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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 Byhalia at 54 Pickwick Pl, Byhalia, MS, 38611 generates $1,620/mo in rent, after a $1,625/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 5.86% on a $331,990 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation builds toward $91,723 over five years. Five-year ROI reaches 75.49% and total cumulative return in cash sums $83,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38611, Byhalia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,824 (100%) |
| Owner Occupied HU | 5,592 (71.5%) |
| Renter Occupied HU | 1,104 (14.1%) |
| Vacant Housing Units | 1,128 (14.4%) |
| Median Home Value | $237,625 |
| Average Home Value | $262,857 |
Housing Distribution
Address Breakdown
Residential
7,121
Single Family
7,032
Multi-Family
89
Businesses
350
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Listed by: Kevin P Clark • D R Horton Inc (Memphis)
Mls Name: MLS United
Mls ID: #4101297
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.