98 Progress TrlSumrallMS39482
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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 Sumrall at 98 Progress Trl, Sumrall, MS, 39482 priced at $285,000 pairs $1,843/mo rent with $99/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,843/mo, and annual cash flow comes to $1,186/yr on $94,478 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 7.76% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 109.48% and total cumulative return in cash reaches $103,434. For financing, Ziffy Mortgage’s DSCR program evaluates $1,843/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
11.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39482, Sumrall, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,727 (100%) |
| Owner Occupied HU | 3,859 (81.6%) |
| Renter Occupied HU | 548 (11.6%) |
| Vacant Housing Units | 320 ( 6.8%) |
| Median Home Value | $233,377 |
| Average Home Value | $273,864 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,611
Multi-Family
0
Businesses
176
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Listed by: Kimberly Luckie • Selling Southern
Mls Name: HSMLS
Mls ID: #144719