69 Logaras CirPurvisMS39475
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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 Purvis at 69 Logaras Cir, Purvis, MS, 39475 generates $1,823/mo in rent and, after a $1,022/mo payment, leaves $545/mo in cash flow. Total monthly income is $1,823/mo, and annual cash flow is $6,541/yr on $69,250 invested. Return on cash invested sits at 29.35% in year one, and rental yield is 10.47% on a $208,900 entry. Equity gained on principal adds $1,348/yr, while 5% annual appreciation builds toward $57,715 over five years. Five-year ROI reaches 153.47% and total cumulative return in cash sums $106,278. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,823/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
10,380 sqft 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: Joe Brumfield • Vines Realty & Land
Mls Name: HSMLS
Mls ID: #143139