408 McClung StPass ChristianMS39571
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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 Pass Christian at 408 McClung St, Pass Christian, MS, 39571 with 5% annual appreciation on a $259,000 basis while $1,973/mo rent supports operations. Total monthly income totals $1,973/mo and a $1,268/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,653/yr on $85,859 deployed, and return on cash invested reaches 25.33% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 9.14%. Five-year ROI measures 131.83% and total cumulative return in cash totals $113,188.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,973/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.43 Acres 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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Listed by: Mimi Brown • Mississippi Coast Realty, LLC
Mls Name: MLS United
Mls ID: #4128004