1523 College Ave WWigginsMS39577
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
Total monthly income runs $2,575/mo, and a $3,010/mo payment. Purchase price stands at $615,000, and rental yield measures 5.02% with $2,575/mo rent. Return on cash invested shows 13.01% in year one, and 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 65.73% and total cumulative return in cash records $133,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Single Family
Built in 2006
7.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanya Sutherlin • Dallas Kelly Real Estate, LLC.
Mls Name: MLS United
Mls ID: #4130179