7 Woodridge LnWaynesboroMS39367
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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 7 Woodridge Ln, Waynesboro, MS, 39367 with 5% annual appreciation on a $275,000 basis while $1,895/mo rent supports operations. Total monthly income totals $1,895/mo and a $1,346/mo payment preserves $212/mo for cash returns. Annual cash flow comes to $2,546/yr on $91,163 deployed, and return on cash invested reaches 22.7% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.27%. Five-year ROI measures 117.77% and total cumulative return in cash totals $107,363.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,895/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
2.90 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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Listed by: Mark Metcalf • eXp Realty
Mls Name: MLS United
Mls ID: #4124495