625 Saint Anthony StWavelandMS39576
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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
Rental property for sale in Waveland at 625 Saint Anthony St, Waveland, MS, 39576 priced at $169,700 converts $1,558/mo rent into $519/mo cash flow after a $831/mo obligation. Total monthly income equals $1,558/mo, and annual cash flow totals $6,229/yr on $56,256 invested. Return on cash invested prints 30.98% in year one, and rental yield reads 11.02% against a $169,700 entry. Equity gained on principal adds $1,095/yr, while 5% annual appreciation compiles into $46,885 by year five. Five-year ROI reaches 162.22% and total cumulative return in cash sums $91,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,558/mo property income covering a $831/mo payment, not borrower’s personal income.
Single Family
Built in 1950
4,356 sqft 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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Listed by: Justin Salazar • 1401 Realty Group
Mls Name: MLS United
Mls ID: #4134177