509 Hogan StWavelandMS39576
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 509 Hogan St, Waveland, MS, 39576 at $575,000 posts ROI 18.68% with from $3,300/mo rent. Total monthly income equals $3,300/mo. Return on cash invested measures 18.68% and rental yield reads 6.89% at the current $575,000. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 by year five. Five-year ROI prints 96.1% and total cumulative return in cash totals $181,799. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
1.52 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
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Nearby investment properties with comparable prices
Listed by: Holly Lemoine Raymond • HL Raymond Properties, LLC
Mls Name: MLS United
Mls ID: #4085214
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.