1323 Elm StWaynesboroMS39367
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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 Waynesboro at 1323 Elm St, Waynesboro, MS, 39367 earns $1,440/mo cash flow from $2,881/mo rent with a $1,051/mo payment. Total monthly income totals $2,881/mo, and annual cash flow totals $17,280/yr on $71,173 capital. ROI tracks 44.19% on current figures, and rental yield reads 16.1% at a $214,700 purchase. Equity gained on principal adds $1,385/yr, and 5% annual appreciation supports $59,318 over five years. Five-year ROI reaches 233.71% and total cumulative return in cash sums $166,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,881/mo property income instead of your personal income.
Single Family
Built in 1970
0.73 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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