6198 Us Highway 11PurvisMS39475
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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 Purvis at 6198 Us Highway 11, Purvis, MS, 39475 generates $1,972/mo in rent and, after a $1,481/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $1,445/yr on $100,279 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 7.82% on a $302,500 entry. Equity gained on principal adds $1,952/yr, while 5% annual appreciation builds toward $83,575 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash sums $110,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.84 Acres 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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Listed by: Lindsay Palmer • B & Co Realty
Mls Name: HSMLS
Mls Provider:
Mls ID: #140486
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.