900 Village Ln APT 613Pass ChristianMS39571
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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 Pass Christian at 900 Village Ln APT 613, Pass Christian, MS, 39571 generates $2,352/mo in rent, after a $2,325/mo payment. Total monthly income is $2,352/mo. Return on cash invested sits at 15.68% in year one, and rental yield is 5.94% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 80.1% and total cumulative return in cash sums $126,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.
Condo
Built in 2010
2.88 Acres 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
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Listed by: Ryan Shows • Ellis Realty
Mls Name: MLS United
Mls ID: #4107118