115 Menge Ave #12CPass 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 115 Menge Ave #12C, Pass Christian, MS, 39571 earns from $2,455/mo rent with a $1,725/mo payment. Total monthly income totals $2,455/mo. ROI tracks 17.32% on current figures, and rental yield reads 8.36% at a $352,500 purchase. Equity gained on principal adds $2,275/yr, and 5% annual appreciation supports $97,389 over five years. Five-year ROI reaches 90.96% and total cumulative return in cash sums $106,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,455/mo property income instead of your personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
$550 monthly 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: #4084319
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.