99 N Founders WayHattiesburgMS39401
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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 Hattiesburg at 99 N Founders Way, Hattiesburg, MS, 39401 priced at $319,900 pairs $3,121/mo rent with $1,008/mo cash flow after a $1,566/mo payment. Total monthly income equals $3,121/mo, and annual cash flow comes to $12,099/yr on $106,047 invested. Return on cash invested is 31.32% in year one, and rental yield stands at 11.71% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 164.58% and total cumulative return in cash reaches $174,536. For financing, Ziffy Mortgage’s DSCR program evaluates $3,121/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.33 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39401, Hattiesburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,590 (100%) |
| Owner Occupied HU | 8,506 (41.3%) |
| Renter Occupied HU | 9,639 (46.8%) |
| Vacant Housing Units | 2,445 (11.9%) |
| Median Home Value | $160,714 |
| Average Home Value | $190,588 |
Housing Distribution
Address Breakdown
Residential
19,583
Single Family
16,027
Multi-Family
3,556
Businesses
1,811
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Listed by: Charles M Dawe • Keller Williams Elite
Mls Name: MLS United
Mls ID: #4085289
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.