992 Morriston RdPetalMS39465
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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
Investment property for sale in Petal at 992 Morriston Rd, Petal, MS, 39465 earns $671/mo cash flow from $2,904/mo rent with a $1,786/mo payment. Total monthly income totals $2,904/mo, and annual cash flow totals $8,052/yr on $120,964 capital. ROI tracks 26.57% on current figures, and rental yield reads 9.55% at a $364,900 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,815 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash sums $167,460. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,904/mo property income instead of your personal income.
Single Family
Built in 1982
2.45 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: Chris Cannon • Chris Cannon Real Estate
Mls Name: HSMLS
Mls ID: #144785