1003 Corr CirWavelandMS39576
Nearby investment properties with comparable rents
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 Waveland at 1003 Corr Cir, Waveland, MS, 39576 at $184,500 posts ROI 24.84% with $251/mo cash flow from $1,422/mo rent. Total monthly income equals $1,422/mo, and annual cash flow records $3,016/yr on $61,162 to close. Return on cash invested measures 24.84% and rental yield reads 9.25% at the current $184,500. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 by year five. Five-year ROI prints 129.55% and total cumulative return in cash totals $79,238.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39576, Waveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,513 (100%) |
| Owner Occupied HU | 1,888 (53.7%) |
| Renter Occupied HU | 1,029 (29.3%) |
| Vacant Housing Units | 596 (17.0%) |
| Median Home Value | $240,870 |
| Average Home Value | $289,420 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,730
Multi-Family
320
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanna G Adam • RE/MAX Coast Delta Realty
Mls Name: MLS United
Mls ID: #4094369
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.