7 EvergladesHattiesburgMS39402
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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 Hattiesburg at 7 Everglades, Hattiesburg, MS, 39402 priced at $515,000 pairs $3,238/mo rent with $86/mo cash flow after a $2,521/mo payment. Total monthly income equals $3,238/mo, and annual cash flow comes to $1,034/yr on $169,435 invested. Return on cash invested is 20.67% in year one, and rental yield stands at 7.54% on a $515,000 basis. Equity gained on principal adds $3,323/yr, and 5% annual appreciation accumulates to $142,285 by year five. Five-year ROI measures 106.82% and total cumulative return in cash reaches $180,997. For financing, Ziffy Mortgage’s DSCR program evaluates $3,238/mo property income against a $2,521/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.46 Acres 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: Amanda Pierce • Woodland Realty, Inc
Mls Name: HSMLS
Mls ID: #145713