2500 Old Highway 26WigginsMS39577
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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 Wiggins at 2500 Old Highway 26, Wiggins, MS, 39577 earns $579/mo cash flow from $1,842/mo rent with a $1,010/mo payment. Total monthly income totals $1,842/mo, and annual cash flow totals $6,950/yr on $68,422 capital. ROI tracks 30.07% on current figures, and rental yield reads 10.71% at a $206,400 purchase. Equity gained on principal adds $1,332/yr, and 5% annual appreciation supports $57,025 over five years. Five-year ROI reaches 157.27% and total cumulative return in cash sums $107,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,842/mo property income instead of your personal income.
Single Family
Built in 1985
8.40 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
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Listed by: Ralph M Harvey • Listwithfreedom.Com
Mls Name: MLS United
Mls ID: #4098246
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.