2790 E McHenry RdWigginsMS39574
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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 2790 E McHenry Rd, Wiggins, MS, 39574 offers a 10.4% rental yield on a $179,600 purchase with $1,556/mo rent. Total monthly income registers $1,556/mo, and a $879/mo payment leaves $446/mo available for distribution. Annual cash flow reaches $5,349/yr on $59,537 to close, and return on cash invested stands at 28.89% in year one. Equity gained on principal adds $1,159/yr while 5% annual appreciation supports $49,620 over five years. Portfolio math shows five-year ROI at 151.02% and total cumulative return in cash at $89,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1979
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39574, Saucier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,802 (81.4%) |
| Renter Occupied HU | 673 (11.4%) |
| Vacant Housing Units | 423 ( 7.2%) |
| Median Home Value | $237,612 |
| Average Home Value | $264,506 |
Housing Distribution
Address Breakdown
Residential
5,525
Single Family
5,525
Multi-Family
0
Businesses
183
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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