700 Old Richton RdPetalMS39465
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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
Investment property for sale in Petal at 700 Old Richton Rd, Petal, MS, 39465 listed at $189,900 pairs $1,663/mo rent with a $929/mo payment to leave $501/mo cash flow. Total monthly income runs $1,663/mo, and annual cash flow reaches $6,016/yr on $62,952 cash to close. Return on cash invested measures 29.47% in year one, and rental yield registers 10.51% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 154.03% and total cumulative return in cash totals $96,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,663/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
N/A 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
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Listed by: Jason Gunter • Realty Star Network
Mls Name: HSMLS
Mls Provider:
Mls ID: #142097
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.