63 E AndoverHattiesburgMS39402
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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 63 E Andover, Hattiesburg, MS, 39402 uses $84,499 cash to close to unlock $4,317/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,248/mo payment keeps the spread at $360/mo. Purchase price stands at $254,900, and rental yield measures 9.04% with $1,920/mo rent. Return on cash invested shows 25.02% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 130.16% and total cumulative return in cash records $109,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
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Listed by: Bruna Bezerra • B & Co. Realty, LLC
Mls Name: MLS United
Mls ID: #4126489