902 Seminary StMcCombMS39648
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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 McComb at 902 Seminary St, McComb, MS, 39648 uses $41,438 cash to close to unlock $2,747/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $994/mo, and a $612/mo payment keeps the spread at $229/mo. Purchase price stands at $125,000, and rental yield measures 9.54% with $994/mo rent. Return on cash invested shows 26.54% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 138.32% and total cumulative return in cash records $57,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $994/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39648, Mccomb, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,263 (100%) |
| Owner Occupied HU | 5,400 (52.6%) |
| Renter Occupied HU | 3,367 (32.8%) |
| Vacant Housing Units | 1,496 (14.6%) |
| Median Home Value | $121,473 |
| Average Home Value | $169,057 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,370
Multi-Family
769
Businesses
973
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Listed by: Jennifer Gayden • Homes & Land Real Estate Co.
Mls Name: MLS United
Mls ID: #4122180