504 Turner StWaynesboroMS39367
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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 Waynesboro at 504 Turner St, Waynesboro, MS, 39367 offers a 8.01% rental yield on a $375,000 purchase with $2,503/mo rent. Total monthly income registers $2,503/mo, and a $1,835/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,503/yr on $124,313 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 113.55% and total cumulative return in cash at $141,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,503/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39367, Waynesboro, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,572 (100%) |
| Owner Occupied HU | 4,620 (70.3%) |
| Renter Occupied HU | 1,186 (18.0%) |
| Vacant Housing Units | 766 (11.7%) |
| Median Home Value | $134,262 |
| Average Home Value | $167,075 |
Housing Distribution
Address Breakdown
Residential
6,209
Single Family
6,039
Multi-Family
170
Businesses
620
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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