705 Josephine StPass ChristianMS39571
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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 Pass Christian at 705 Josephine St, Pass Christian, MS, 39571 priced at $274,000 pairs $2,230/mo rent with $553/mo cash flow after a $1,341/mo payment. Total monthly income equals $2,230/mo, and annual cash flow comes to $6,640/yr on $90,831 invested. Return on cash invested is 27.22% in year one, and rental yield stands at 9.77% on a $274,000 basis. Equity gained on principal adds $1,768/yr, and 5% annual appreciation accumulates to $75,701 by year five. Five-year ROI measures 141.98% and total cumulative return in cash reaches $128,961. For financing, Ziffy Mortgage’s DSCR program evaluates $2,230/mo property income against a $1,341/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
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Listed by: Mary R Phillips • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4126332