6 E Spruce StSumrallMS39482
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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 Sumrall at 6 E Spruce St, Sumrall, MS, 39482 with 5% annual appreciation on a $259,000 basis while $2,353/mo rent supports operations. Total monthly income totals $2,353/mo and a $1,268/mo payment preserves $768/mo for cash returns. Annual cash flow comes to $9,213/yr on $85,859 deployed, and return on cash invested reaches 30.64% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 10.9%. Five-year ROI measures 160.3% and total cumulative return in cash totals $137,632.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,353/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Louis Norman • Norman Property Group, LLC
Mls Name: MLS United
Mls ID: #4122298