Is Waveland, MS a good place to invest in rental property?

Waveland, MS has a median modeled monthly cash flow of $-944 and a median cap rate of 2.4%, on a median sold price of $199,000. Prices changed +12.2% year over year.

What is the average cap rate in Waveland, MS?

The median cap rate across recently sold homes in Waveland, MS is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waveland, MS?

The median sold price in Waveland, MS is $199,000 (about $193 per square foot).

Investing in Waveland, MS Real Estate

A data-driven snapshot of the Waveland, MS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$199,000Median sold price

$193Median $/sqft

2.4%Median cap rate

$-944Modeled cash flow / mo

+12.2%Appreciation YoY

11.0Months of supply

136Active listings

148Sold (last 12 mo)

What the Waveland numbers say

In Waveland, MS, the median home sold for $199,000 (about $193 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-944 of monthly cash flow. Sold prices moved +12.2% over the past year. Inventory sits at about 11.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Mississippi markets to compare

See Waveland cash-flowing listings

CashFlowRE ranks every for-sale home in Waveland, MS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Waveland deals, or browse the national market data.