13 C Bond RdWigginsMS39577
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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 Wiggins at 13 C Bond Rd, Wiggins, MS, 39577 with 5% annual appreciation on a $205,000 basis while $1,377/mo rent supports operations. Total monthly income totals $1,377/mo and a $1,003/mo payment preserves $123/mo for cash returns. Annual cash flow comes to $1,474/yr on $67,958 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 8.06%. Five-year ROI measures 114.38% and total cumulative return in cash totals $77,730.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,377/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
2 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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Listed by: Rebecca Daniels • Rad Real Estate Sales
Mls Name: MLS United
Mls ID: #4133801