9 Morris Sones RdPicayuneMS39466
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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 9 Morris Sones Rd, Picayune, MS, 39466 offers $1,228/mo rent that, after a $783/mo payment, leaves $249/mo cash flow. Total monthly income is $1,228/mo, and annual cash flow is $2,988/yr on $53,038 cash. Return on cash invested measures 25.54% in year one, and rental yield stands at 9.21% at a $159,993 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,203 by year five. Five-year ROI records 133.06% and total cumulative return in cash reaches $70,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,228/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
1.20 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: Grace Templet • Templet Realty, LLC
Mls Name: Pearl River County BOR
Mls ID: #183465
Disclaimer: Copyright Pearl River County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.