236 Pine Ridge DrWavelandMS39576
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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 Waveland at 236 Pine Ridge Dr, Waveland, MS, 39576 listed at $325,500 pairs $2,174/mo rent with a $1,593/mo payment to leave $182/mo cash flow. Total monthly income runs $2,174/mo, and annual cash flow reaches $2,187/yr on $107,903 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 8.01% at a $325,500 basis. Equity gained on principal adds $2,100/yr, and annual property appreciation at 5% supports $89,930 by year five. Five-year ROI tracks 113.65% and total cumulative return in cash totals $122,630. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,174/mo property income relative to a $1,593/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39576, Waveland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,513 (100%) |
| Owner Occupied HU | 1,888 (53.7%) |
| Renter Occupied HU | 1,029 (29.3%) |
| Vacant Housing Units | 596 (17.0%) |
| Median Home Value | $240,870 |
| Average Home Value | $289,420 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,730
Multi-Family
320
Businesses
231
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Listed by: Destany Davis • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4122454