223 Waverly DrWest PointMS39773
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
Rental property for sale in West Point at 223 Waverly Dr, West Point, MS, 39773 offers $2,142/mo rent that, after a $2,178/mo payment. Total monthly income is $2,142/mo. Return on cash invested measures 15.18% in year one, and rental yield stands at 5.78% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 77.4% and total cumulative return in cash reaches $114,176. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,142/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39773, West Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,167 (100%) |
| Owner Occupied HU | 4,436 (61.9%) |
| Renter Occupied HU | 1,800 (25.1%) |
| Vacant Housing Units | 931 (13.0%) |
| Median Home Value | $128,292 |
| Average Home Value | $204,758 |
Housing Distribution
Address Breakdown
Residential
6,801
Single Family
6,463
Multi-Family
338
Businesses
719
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Listed by: Shane Williams • OLD WAVERLY REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-797
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.