706 S Decatur StUnionMS39365
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 706 S Decatur St, Union, MS, 39365 in Union: $1,406/mo in rent, $746/mo net, 11.86% gross yield, all on a $209,900 acquisition. The 1.49 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $57,992 in value, and $1,933/yr in principal paydown steadily builds equity. Projected total cumulative return: $84,694.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $746 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,406 |
| Total Monthly Debt Service | $1,245 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
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
Single Family
Built in 1965
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39365, Union, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,166 (100%) |
| Owner Occupied HU | 2,351 (74.3%) |
| Renter Occupied HU | 489 (15.4%) |
| Vacant Housing Units | 326 (10.3%) |
| Median Home Value | $141,210 |
| Average Home Value | $171,486 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,034
Multi-Family
87
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Javonne Macklin • Trust Realty Group
Mls Name: MLS United
Mls ID: #4111967
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.