66 Logaras CirPurvisMS39475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Purvis at 66 Logaras Cir, Purvis, MS, 39475 offers a 9.12% rental yield on a $155,000 purchase with $1,178/mo rent. Total monthly income registers $1,178/mo, and a $759/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,750/yr on $51,383 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 131.54% and total cumulative return in cash at $67,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 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: Kristen Dickinson • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls ID: #145414