1103 Shady Pine StWaynesboroMS39367
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 Waynesboro at 1103 Shady Pine St, Waynesboro, MS, 39367 earns $255/mo cash flow from $1,784/mo rent with a $1,223/mo payment. Total monthly income totals $1,784/mo, and annual cash flow totals $3,058/yr on $82,842 capital. ROI tracks 23.6% on current figures, and rental yield reads 8.57% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 122.54% and total cumulative return in cash sums $101,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,784/mo property income instead of your personal income.
Single Family
Built in 1975
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39367, Waynesboro, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,572 (100%) |
| Owner Occupied HU | 4,620 (70.3%) |
| Renter Occupied HU | 1,186 (18.0%) |
| Vacant Housing Units | 766 (11.7%) |
| Median Home Value | $134,262 |
| Average Home Value | $167,075 |
Housing Distribution
Address Breakdown
Residential
6,209
Single Family
6,039
Multi-Family
170
Businesses
620
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Listed by: Chris C Cannon • Chris Cannon Real Estate
Mls Name: MLS United
Mls ID: #4093979
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.