862 Denham Winchester RdWaynesboroMS39367
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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 862 Denham Winchester Rd, Waynesboro, MS, 39367 with 5% annual appreciation on a $250,000 basis while $1,894/mo rent supports operations. Total monthly income totals $1,894/mo and a $1,224/mo payment preserves $364/mo for cash returns. Annual cash flow comes to $4,365/yr on $82,875 deployed, and return on cash invested reaches 25.18% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 9.09%. Five-year ROI measures 130.99% and total cumulative return in cash totals $108,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,894/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1893
1.10 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: Laura Barnett • Barnett Realty
Mls Name: LBOR
Mls ID: #33524
Disclaimer: Copyright Laurel Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.