416 Wainwright St, Waveland, MS, 39576 | $194/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 Waveland at 416 Wainwright St, Waveland, MS, 39576 with 5% annual appreciation on a $139,900 basis while $1,055/mo rent supports operations. Total monthly income totals $1,055/mo and a $685/mo payment preserves $194/mo for cash returns. Annual cash flow comes to $2,328/yr on $46,377 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.05%. Five-year ROI measures 129.72% and total cumulative return in cash totals $60,159.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,055/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1960

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39576, Waveland, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,513 (100%)
Owner Occupied HU	1,888 (53.7%)
Renter Occupied HU	1,029 (29.3%)
Vacant Housing Units	596 (17.0%)
Median Home Value	$240,870
Average Home Value	$289,420