2802 Ridgewood Ave, Pascagoula, MS, 39567 | $373/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pascagoula at 2802 Ridgewood Ave, Pascagoula, MS, 39567 listed at $199,500 pairs $1,593/mo rent with a $976/mo payment to leave $373/mo cash flow. Total monthly income runs $1,593/mo, and annual cash flow reaches $4,471/yr on $66,134 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.58% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 139.02% and total cumulative return in cash totals $91,939. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,593/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,233 (100%)
Owner Occupied HU	2,621 (50.1%)
Renter Occupied HU	1,836 (35.1%)
Vacant Housing Units	776 (14.8%)
Median Home Value	$187,174
Average Home Value	$244,041