99 J Runnels RdPetalMS39465
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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 Petal at 99 J Runnels Rd, Petal, MS, 39465 earns from $3,481/mo rent with a $3,500/mo payment. Total monthly income totals $3,481/mo. ROI tracks 15.5% on current figures, and rental yield reads 5.84% at a $715,000 purchase. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 over five years. Five-year ROI reaches 79.06% and total cumulative return in cash sums $185,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,481/mo property income instead of your personal income.
Single Family
Built in 2022
6.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Michael Mitchell • South and Company Properties, LLC.
Mls Name: MLS United
Mls ID: #4098537
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.