869 B Parks RdPickensMS39146
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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 Pickens at 869 B Parks Rd, Pickens, MS, 39146 offers $1,621/mo rent that, after a $1,199/mo payment, leaves $122/mo cash flow. Total monthly income is $1,621/mo, and annual cash flow is $1,463/yr on $81,218 cash. Return on cash invested measures 21.71% in year one, and rental yield stands at 7.94% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 112.39% and total cumulative return in cash reaches $91,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,621/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
22.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39146, Pickens, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 811 (66.8%) |
| Renter Occupied HU | 252 (20.8%) |
| Vacant Housing Units | 151 (12.4%) |
| Median Home Value | $110,417 |
| Average Home Value | $152,873 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
822
Multi-Family
61
Businesses
38
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Listed by: Melinda Harvey • Purvis Realty Group, LLC
Mls Name: MLS United
Mls ID: #4113313
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.