61 Landing RdHattiesburgMS39401
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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 61 Landing Rd, Hattiesburg, MS, 39401 with 5% annual appreciation on a $129,000 basis while $1,032/mo rent supports operations. Total monthly income totals $1,032/mo and a $631/mo payment preserves $243/mo for cash returns. Annual cash flow comes to $2,916/yr on $42,764 deployed, and return on cash invested reaches 26.73% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.6%. Five-year ROI measures 139.3% and total cumulative return in cash totals $59,569.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,032/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
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Listed by: Gaye Matthews • Valente Real Estate, LLC
Mls Name: Pearl River County BOR
Mls ID: #179847
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.