1199 Irvin Favre RdPass ChristianMS39571
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
Rental property for sale in Pass Christian at 1199 Irvin Favre Rd, Pass Christian, MS, 39571 priced at $479,000 pairs $3,192/mo rent with $261/mo cash flow after a $2,344/mo payment. Total monthly income equals $3,192/mo, and annual cash flow comes to $3,135/yr on $158,789 invested. Return on cash invested is 21.88% in year one, and rental yield stands at 8% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 113.35% and total cumulative return in cash reaches $179,991. For financing, Ziffy Mortgage’s DSCR program evaluates $3,192/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.23 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Ann Patton • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4112461
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.