109 Fernwood DrPass ChristianMS39571
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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 Pass Christian at 109 Fernwood Dr, Pass Christian, MS, 39571 offers a 8.96% rental yield on a $349,500 purchase with $2,610/mo rent. Total monthly income registers $2,610/mo, and a $1,711/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,650/yr on $115,859 to close, and return on cash invested stands at 24.79% in year one. Equity gained on principal adds $2,255/yr while 5% annual appreciation supports $96,560 over five years. Portfolio math shows five-year ROI at 128.9% and total cumulative return in cash at $149,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,610/mo property income against a $1,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
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Listed by: Avra O'Dwyer • O'Dwyer Realty-PSC
Mls Name: MLS United
Mls ID: #4130169