5621 Highway 84WaynesboroMS39367
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.83% gross rental yield, 5621 Highway 84, Waynesboro, MS, 39367 in Waynesboro is priced for capital growth, not immediate cash flow. The $330,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $91,173 by year five, with $3,039/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.52) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $45,207.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 6.2% |
| Monthly Cash Flow | $(1,241) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $779 |
| Total Monthly Debt Service | $1,888 |
| DSCR Ratio | 0.41x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
2.70 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
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
Single Family
Built in N/A
2.70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason McMichael • Real Broker
Mls Name: HSMLS
Mls Provider:
Mls ID: #140407
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.