708 Forest Park CirPhiladelphiaMS39350
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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 Philadelphia at 708 Forest Park Cir, Philadelphia, MS, 39350 offers $1,895/mo rent that, after a $566/mo payment, leaves $1,187/mo cash flow. Total monthly income is $1,895/mo, and annual cash flow is $14,248/yr on $38,331 cash. Return on cash invested measures 57.08% in year one, and rental yield stands at 19.67% at a $115,630 entry. Equity gained on principal adds $746/yr while 5% annual appreciation compounds into $31,946 by year five. Five-year ROI records 302.17% and total cumulative return in cash reaches $115,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,895/mo property income versus a $566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39350, Philadelphia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,916 (100%) |
| Owner Occupied HU | 6,793 (68.5%) |
| Renter Occupied HU | 2,174 (21.9%) |
| Vacant Housing Units | 949 ( 9.6%) |
| Median Home Value | $115,180 |
| Average Home Value | $151,753 |
Housing Distribution
Address Breakdown
Residential
9,593
Single Family
9,279
Multi-Family
314
Businesses
955
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A