703 Carroll StPicayuneMS39466
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
Rental property for sale in Picayune at 703 Carroll St, Picayune, MS, 39466 offers $1,657/mo rent that, after a $1,346/mo payment. Total monthly income is $1,657/mo. Return on cash invested measures 18% in year one, and rental yield stands at 7.23% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 93.13% and total cumulative return in cash reaches $84,899. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,657/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2009
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dixie Dossett • Best Choice Realty, INC
Mls Name: Pearl River County BOR
Mls ID: #183191
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.