81 Logaras CirPurvisMS39475
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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
Investment property for sale in Purvis at 81 Logaras Cir, Purvis, MS, 39475 uses $67,958 cash to close to unlock $6,346/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $1,003/mo payment keeps the spread at $529/mo. Purchase price stands at $205,000, and rental yield measures 10.44% with $1,783/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 152.82% and total cumulative return in cash records $103,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39475, Purvis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,555 (100%) |
| Owner Occupied HU | 4,147 (74.7%) |
| Renter Occupied HU | 983 (17.7%) |
| Vacant Housing Units | 425 ( 7.7%) |
| Median Home Value | $222,759 |
| Average Home Value | $227,317 |
Housing Distribution
Address Breakdown
Residential
5,357
Single Family
5,301
Multi-Family
56
Businesses
279
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Listed by: Shammah Beach • Selling Southern
Mls Name: HSMLS
Mls ID: #144712