1033 Madsen Ave, Wiggins, MS, 39577 | $287/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wiggins at 1033 Madsen Ave, Wiggins, MS, 39577 listed at $245,000 pairs $1,786/mo rent with a $1,199/mo payment to leave $287/mo cash flow. Total monthly income runs $1,786/mo, and annual cash flow reaches $3,443/yr on $81,218 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.75% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 125.47% and total cumulative return in cash totals $101,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,786/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1992

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39577, Wiggins, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,586 (100%)
Owner Occupied HU	3,145 (68.6%)
Renter Occupied HU	905 (19.7%)
Vacant Housing Units	536 (11.7%)
Median Home Value	$171,971
Average Home Value	$212,069