1256 Clubhouse DrWigginsMS39577
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 Wiggins at 1256 Clubhouse Dr, Wiggins, MS, 39577 at $239,900 posts ROI 27.96% with $534/mo cash flow from $2,002/mo rent. Total monthly income equals $2,002/mo, and annual cash flow records $6,405/yr on $79,527 to close. Return on cash invested measures 27.96% and rental yield reads 10.01% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 145.95% and total cumulative return in cash totals $116,071.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.38 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 |
Housing Distribution
Address Breakdown
Residential
3,978
Single Family
3,910
Multi-Family
68
Businesses
554
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Nearby investment properties with comparable prices
Listed by: Paul Hardy • Paul Hardy Properties
Mls Name: MLS United
Mls ID: #4089979
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.