623 Corbett DrPearlMS39208
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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 Pearl at 623 Corbett Dr, Pearl, MS, 39208 uses $79,527 cash to close to unlock $6,998/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $2,051/mo, and a $1,174/mo payment keeps the spread at $583/mo. Purchase price stands at $239,900, and rental yield measures 10.26% with $2,051/mo rent. Return on cash invested shows 28.71% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 150% and total cumulative return in cash records $119,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,051/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1998
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
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Listed by: Melanie Gibson • Keller Williams
Mls Name: MLS United
Mls ID: #4129211