334 Lorraine AvePass ChristianMS39571
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 Pass Christian at 334 Lorraine Ave, Pass Christian, MS, 39571 priced at $194,900 converts $1,675/mo rent into $482/mo cash flow after a $954/mo obligation. Total monthly income equals $1,675/mo, and annual cash flow totals $5,787/yr on $64,609 invested. Return on cash invested prints 28.87% in year one, and rental yield reads 10.31% against a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,847 by year five. Five-year ROI reaches 150.84% and total cumulative return in cash sums $97,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,675/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1994
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
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Nearby investment properties with comparable prices
Listed by: Jena A Regan • Ellis Realty
Mls Name: MLS United
Mls ID: #4108902
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.