715 Nobles RdSumrallMS39482
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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 Sumrall at 715 Nobles Rd, Sumrall, MS, 39482 priced at $134,900 converts $1,330/mo rent into $505/mo cash flow after a $660/mo obligation. Total monthly income equals $1,330/mo, and annual cash flow totals $6,057/yr on $44,719 invested. Return on cash invested prints 33.45% in year one, and rental yield reads 11.83% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 175.43% and total cumulative return in cash sums $78,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,330/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Louis Norman • Norman Property Group, LLC
Mls Name: MLS United
Mls ID: #4095542
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.