738 Forest Park CirPhiladelphiaMS39350
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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 Philadelphia at 738 Forest Park Cir, Philadelphia, MS, 39350 priced at $575,000 pairs $3,781/mo rent with $263/mo cash flow after a $2,814/mo payment. Total monthly income equals $3,781/mo, and annual cash flow comes to $3,152/yr on $189,175 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 7.89% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 112.46% and total cumulative return in cash reaches $212,747. For financing, Ziffy Mortgage’s DSCR program evaluates $3,781/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
4,300 sqft 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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Listed by: Derek Eaves • SmallTown Hunting Properties & Real Estate LLC
Mls Name: My State MLS
Mls ID: #11624621