89 Cole RdHattiesburgMS39402
Nearby investment properties with comparable rents
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 Hattiesburg at 89 Cole Rd, Hattiesburg, MS, 39402 priced at $180,000 pairs $1,401/mo rent with $300/mo cash flow after a $881/mo payment. Total monthly income equals $1,401/mo, and annual cash flow comes to $3,594/yr on $59,670 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.34% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 135.09% and total cumulative return in cash reaches $80,609. For financing, Ziffy Mortgage’s DSCR program evaluates $1,401/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39402, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,649 (100%) |
| Owner Occupied HU | 12,207 (59.1%) |
| Renter Occupied HU | 6,967 (33.7%) |
| Vacant Housing Units | 1,475 ( 7.1%) |
| Median Home Value | $266,080 |
| Average Home Value | $301,708 |
Housing Distribution
Address Breakdown
Residential
19,635
Single Family
15,546
Multi-Family
4,089
Businesses
1,855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dalton Selby • RE/MAX Real Estate Partners
Mls Name: HSMLS
Mls ID: #145589