820 Mitchell StPicayuneMS39466
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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 Picayune at 820 Mitchell St, Picayune, MS, 39466 priced at $219,900 pairs $2,041/mo rent with $696/mo cash flow after a $1,076/mo payment. Total monthly income equals $2,041/mo, and annual cash flow comes to $8,347/yr on $72,897 invested. Return on cash invested is 31.36% in year one, and rental yield stands at 11.14% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 164.16% and total cumulative return in cash reaches $119,668. For financing, Ziffy Mortgage’s DSCR program evaluates $2,041/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39466, Picayune, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 8,574 (66.8%) |
| Renter Occupied HU | 2,995 (23.3%) |
| Vacant Housing Units | 1,265 ( 9.9%) |
| Median Home Value | $168,711 |
| Average Home Value | $192,717 |
Housing Distribution
Address Breakdown
Residential
12,018
Single Family
11,375
Multi-Family
643
Businesses
1,020
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Listed by: Carolyn Pullens • Luxury Southern Realty
Mls Name: MLS United
Mls ID: #4123212