605 9th StPurvisMS39475
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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 Purvis at 605 9th St, Purvis, MS, 39475 uses $65,969 cash to close to unlock $3,519/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $1,511/mo, and a $974/mo payment keeps the spread at $293/mo. Purchase price stands at $199,000, and rental yield measures 9.11% with $1,511/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 131.42% and total cumulative return in cash records $86,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,511/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Nearby investment properties with comparable prices
Listed by: Kristen Dickinson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls ID: #144533