611 Graymont AveHattiesburgMS39401
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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 Hattiesburg at 611 Graymont Ave, Hattiesburg, MS, 39401 priced at $139,900 converts $1,360/mo rent into $504/mo cash flow after a $685/mo obligation. Total monthly income equals $1,360/mo, and annual cash flow totals $6,043/yr on $46,377 invested. Return on cash invested prints 32.94% in year one, and rental yield reads 11.67% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 172.7% and total cumulative return in cash sums $80,091. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,360/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.32 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: Chris Cannon • Chris Cannon Real Estate
Mls Name: HSMLS
Mls ID: #143641