69 E 8th AveBay SpringsMS39422
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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 Bay Springs at 69 E 8th Ave, Bay Springs, MS, 39422 priced at $129,900 pairs $1,237/mo rent with $442/mo cash flow after a $636/mo payment. Total monthly income equals $1,237/mo, and annual cash flow comes to $5,302/yr on $43,062 invested. Return on cash invested is 32.22% in year one, and rental yield stands at 11.43% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 168.75% and total cumulative return in cash reaches $72,667. For financing, Ziffy Mortgage’s DSCR program evaluates $1,237/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39422, Bay Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,370 (100%) |
| Owner Occupied HU | 1,663 (70.2%) |
| Renter Occupied HU | 378 (15.9%) |
| Vacant Housing Units | 329 (13.9%) |
| Median Home Value | $121,649 |
| Average Home Value | $159,784 |
Housing Distribution
Address Breakdown
Residential
1,755
Single Family
1,706
Multi-Family
49
Businesses
192
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Listed by: Jori Parker • Wells Realty LLC
Mls Name: HSMLS
Mls ID: #145000