68 Lynn Ray RdPetalMS39465
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 Petal at 68 Lynn Ray Rd, Petal, MS, 39465 with 5% annual appreciation on a $215,000 basis while $1,891/mo rent supports operations. Total monthly income totals $1,891/mo and a $1,052/mo payment preserves $576/mo for cash returns. Annual cash flow comes to $6,908/yr on $71,273 deployed, and return on cash invested reaches 29.6% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.55%. Five-year ROI measures 154.75% and total cumulative return in cash totals $110,293.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,891/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Russell • Cadence Realty Group
Mls Name: HSMLS
Mls ID: #144934