213 E Scenic DrPass ChristianMS39571
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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 Pass Christian at 213 E Scenic Dr, Pass Christian, MS, 39571 with 5% annual appreciation on a $1,750,000 basis while $2,299/mo rent supports operations. 57% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,493 alongside rental yield of 1.58%. Five-year ROI measures 9.68% and total cumulative return in cash totals $54,885. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,299/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1849
0.36 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
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Listed by: Brandi L Viator • Southern Magnolia Realty, LLC.
Mls Name: MLS United
Mls ID: #4079997
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.