507 Jeff Davis AveWavelandMS39576
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
Investment property for sale in Waveland at 507 Jeff Davis Ave, Waveland, MS, 39576 earns from $2,467/mo rent with a $2,031/mo payment. Total monthly income totals $2,467/mo. ROI tracks 19.28% on current figures, and rental yield reads 7.13% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 99.37% and total cumulative return in cash sums $136,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,467/mo property income instead of your personal income.
Single Family
Built in 1903
1 Acres 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 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,730
Multi-Family
320
Businesses
231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlie Pettway • McIntyre-Rapp Real Estate
Mls Name: MLS United
Mls ID: #4086917
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.