417 E Hatten AveWigginsMS39577
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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 417 E Hatten Ave, Wiggins, MS, 39577 uses $36,962 cash to close to unlock $2,417/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $884/mo, and a $546/mo payment keeps the spread at $201/mo. Purchase price stands at $111,500, and rental yield measures 9.51% with $884/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $30,805 over five years. Five-year ROI reaches 137.89% and total cumulative return in cash records $50,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $884/mo property income covering a $546/mo payment rather than investor’s personal income.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39577, Wiggins, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,586 (100%) |
| Owner Occupied HU | 3,145 (68.6%) |
| Renter Occupied HU | 905 (19.7%) |
| Vacant Housing Units | 536 (11.7%) |
| Median Home Value | $171,971 |
| Average Home Value | $212,069 |
Housing Distribution
Address Breakdown
Residential
3,978
Single Family
3,910
Multi-Family
68
Businesses
554
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Listed by: Jessica F Lee • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4127126