436 Waveland Ave, Waveland, MS 39576

This well-built, fully-occupied triplex brings in $2,600 monthly rent and the owner says the market can support higher. All three units have been recently remodeled.Retirees, small families, and others have found these units attractive, with both a public park and the Gulf of Mexico within easy walking distance. Costs include a $1,000 annual flood policy, $4,000 annual policy for all other insurance, and $2,150 in taxes.