803 Lang AvePass ChristianMS39571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1000 sft
- 2 Bed
- 3 Bath
- 1000 sft
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 Pass Christian at 803 Lang Ave, Pass Christian, MS, 39571 priced at $191,500 converts $1,798/mo rent into $626/mo cash flow after a $937/mo obligation. Total monthly income equals $1,798/mo, and annual cash flow totals $7,517/yr on $63,482 invested. Return on cash invested prints 31.75% in year one, and rental yield reads 11.27% against a $191,500 entry. Equity gained on principal adds $1,236/yr, while 5% annual appreciation compiles into $52,908 by year five. Five-year ROI reaches 166.28% and total cumulative return in cash sums $105,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,798/mo property income covering a $937/mo payment, not borrower’s personal income.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 3 Bed
- 2 Bath
- 1000 sft
- 2 Bed
- 3 Bath
- 1000 sft
Listed by: Gabriel Chaffin • Reliant Realty Group, LLC.
Mls Name: MLS United
Mls ID: #4116182