Real Estate Investment Properties for Sale in Waveland, MS

Looking for investment property in Waveland, MS with high ROI ?

Explore a variety of short-term homes & houses in Waveland, MS. Invest wisely with VRBO & Waveland, MS Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Waveland, MS

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
121 Mollere Drive Waveland, MS Welcome to your beachside retreat! This charming 3-bedroom, 2-bath cottage offers 1606 squ...	3 beds \| 2 baths \| 1,606 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.84% Airbnb Rental Income: $null Traditional Rental Income: $2044 Airbnb ROI: N/A Traditional ROI: 1.84%
329 Davis Street Waveland, MS Comes completely turn key with all furnishings, appliances and supplies!!! Less than three...	3 beds \| 2 baths \| N/A	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 4.24%
122 Lakeside Drive Waveland, MS Come see! 3 bedrooms and 2 bathrooms, updates throughout. Fenced in back yard!	3 beds \| 2 baths \| 1,823 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.18% Airbnb Rental Income: $null Traditional Rental Income: $1573 Airbnb ROI: N/A Traditional ROI: 3.18%
326 S Central Avenue Waveland, MS Charming Ranch Home in Waveland. This beautiful ranch-style property boasts a spacious lay...	3 beds \| 2 baths \| 1,367 sq.ft.	$217,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $1430 Airbnb ROI: N/A Traditional ROI: 5.33%
1001 Rue De Lasalle Street Waveland, MS Your New Home Awaits! This charming 3-bedroom, 1.5-bath home offers comfort, style, and fu...	3 beds \| 2 baths \| 1,124 sq.ft.	$188,700	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1477 Airbnb ROI: N/A Traditional ROI: 6.26%
400 Merritt Street Waveland, MS AGENT IS RELATED TO SELLER - TRAIN USUSALLY COMES BY 4 TIMES A DAY - FOR ABOUT 5 MINUTES O...	3 beds \| 3 baths \| 2,101 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $2597 Airbnb ROI: N/A Traditional ROI: 4.33%
403 Saint Jude Street Waveland, MS Adorable, Affordable & Updated - Your Waveland Hideaway Awaits! Tucked away in a peaceful ...	4 beds \| 2 baths \| 1,456 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $1604 Airbnb ROI: N/A Traditional ROI: 4.91%
120 Mollere Drive Waveland, MS This pristine home on Mollere Dr. is in move in ready condition. It sits on over a 1/2 acr...	3 beds \| 2 baths \| 1,600 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.92% Airbnb Rental Income: $null Traditional Rental Income: $1979 Airbnb ROI: N/A Traditional ROI: 1.92%
408 Favre Street Waveland, MS Turn Key Second Home just down from the beach at Waveland! Bring your overnight bags and k...	3 beds \| 2 baths \| 1,383 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $2137 Airbnb ROI: N/A Traditional ROI: 5.93%
411 Water Street Waveland, MS A stylish raised coastal cottage just blocks from Waveland beach. Step inside to an inviti...	3 beds \| 2 baths \| 1,488 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $1989 Airbnb ROI: N/A Traditional ROI: 4.29%
206 Idlewood Drive Waveland, MS This Home will not Last long at this price....4 Bedroom, 2 Bath Completely Renovated home,...	4 beds \| 2 baths \| 2,220 sq.ft.	$246,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $2136 Airbnb ROI: N/A Traditional ROI: 6.47%
910 Old Spanish Trail Waveland, MS Discover this nestled home offering unbeatable convenience and comfort. Ideally situated w...	4 beds \| 2 baths \| 2,040 sq.ft.	$208,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.66% Airbnb Rental Income: $null Traditional Rental Income: $2424 Airbnb ROI: N/A Traditional ROI: 9.66%
255 Pine Ridge Drive Waveland, MS Newly updated real estate listing boasts a prime location just blocks away from local beac...	3 beds \| 3 baths \| 2,616 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2669 Airbnb ROI: N/A Traditional ROI: 5.85%
403 Combel Street Waveland, MS Charming & Affordable 3BR Brick Home - Great Investment Opportunity! This cozy 3-bedroom, ...	3 beds \| 1 baths \| 1,276 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.64% Airbnb Rental Income: $null Traditional Rental Income: $1412 Airbnb ROI: N/A Traditional ROI: 9.64%
507 Dicks Street Waveland, MS Newly renovated house on a dead end street. Close to the beach and Coleman Ave. Perfect ho...	2 beds \| 1 baths \| 776 sq.ft.	$157,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.39% Airbnb Rental Income: $null Traditional Rental Income: $1119 Airbnb ROI: N/A Traditional ROI: 5.39%
208 Petite Drive Waveland, MS Your Coastal Beach Retreat in Waveland Awaits! It Comes Fully Furnished with Additional Ad...	4 beds \| 2 baths \| 1,812 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2182 Airbnb ROI: N/A Traditional ROI: 3.13%
504 Taylor Trail Waveland, MS Located in the Sundance Subdivision just minutes from the Waveland Beach this beautiful ho...	3 beds \| 2 baths \| 1,628 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $1878 Airbnb ROI: N/A Traditional ROI: 4.97%
1316 Dubuc Lane Waveland, MS Enjoy two acres of country living in a convenient city location! This beautifully maintain...	3 beds \| 2 baths \| 1,906 sq.ft.	$419,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2321 Airbnb ROI: N/A Traditional ROI: 4.38%
112 Bienville Drive Waveland, MS Feel the ocean breeze in this picturesque oasis with majestic oak trees and beautiful mani...	5 beds \| 3 baths \| 2,812 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.38% Airbnb Rental Income: $null Traditional Rental Income: $3201 Airbnb ROI: N/A Traditional ROI: 2.38%
200 Farrar Lane Waveland, MS Beautifully constructed masterpiece! Walk to the beach! This thoughtfully designed home is...	4 beds \| 4 baths \| 2,134 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $2817 Airbnb ROI: N/A Traditional ROI: 3.13%
856 Saint Joseph Street Waveland, MS Prime Location in Waveland, MS! Now's your chance to live just minutes from the beach, cas...	3 beds \| 2 baths \| 1,561 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.3% Airbnb Rental Income: $null Traditional Rental Income: $1888 Airbnb ROI: N/A Traditional ROI: 9.3%
205 Pine Ridge Drive Waveland, MS Coastal Comfort Meets Easy Living in Waveland! Ready to live the beach life? This beautifu...	3 beds \| 2 baths \| 1,624 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2036 Airbnb ROI: N/A Traditional ROI: 3.47%
220 S Beach Boulevard Waveland, MS Beautiful Beach Front ! Don't MISS out on this INCREDIBLE preconstruction price. This 1739...	3 beds \| 2 baths \| 1,740 sq.ft.	$919,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.87% Airbnb Rental Income: $null Traditional Rental Income: $2076 Airbnb ROI: N/A Traditional ROI: 0.87%
106 Coleman Avenue Waveland, MS Amazing TOWN HOUSE just a few steps off the beach on beautiful Coleman Avenue! Don't miss ...	3 beds \| 4 baths \| 1,673 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $3130 Airbnb ROI: N/A Traditional ROI: 4.27%
515 Amelda Street Waveland, MS A Must-Have Southern Charmer in Waveland's Historic District! Welcome to this beautiful ho...	3 beds \| 2 baths \| 1,581 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.89% Airbnb Rental Income: $null Traditional Rental Income: $1982 Airbnb ROI: N/A Traditional ROI: 4.89%
206 Gulf Drive Waveland, MS Beautiful coastal home just minutes walk away from the sandy beach of waveland. This home ...	2 beds \| 1 baths \| 912 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.13% Airbnb Rental Income: $null Traditional Rental Income: $1485 Airbnb ROI: N/A Traditional ROI: 4.13%
832 Combel Street Waveland, MS This gorgeous new construction doesn't just check boxes-it delivers. The open kitchen and ...	3 beds \| 2 baths \| 1,851 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: 5.12%
174 Blue Heron Cove Waveland, MS Welcome to 174 Blue Heron Cove, a beautifully updated two-story home in the heart of Wavel...	3 beds \| 3 baths \| 2,750 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $3001 Airbnb ROI: N/A Traditional ROI: 4.34%
413 Old Spanish Trail Waveland, MS Charming Brick Home in Waveland - No Flood Insurance Required! Bring your favorite coffee ...	3 beds \| 2 baths \| 1,598 sq.ft.	$239,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $1985 Airbnb ROI: N/A Traditional ROI: 6.45%
408 Waveland Avenue Waveland, MS Close to the Beach! Home offers 2b/2b with an open living/dining room with vaulted ceiling...	2 beds \| 2 baths \| 1,140 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $1612 Airbnb ROI: N/A Traditional ROI: 3.38%
2219 Hudson Street Waveland, MS Take a look at this cute bungalow in Waveland! SELLER IS OFFERING $10K in SELLER CONCESSIO...	3 beds \| 2 baths \| 1,120 sq.ft.	$149,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.49% Airbnb Rental Income: $null Traditional Rental Income: $1600 Airbnb ROI: N/A Traditional ROI: 9.49%
502 Jeff Davis Avenue Waveland, MS Step into history with this beautifully preserved 1889 home, gracefully situated on 4.7 ac...	3 beds \| 2 baths \| 2,042 sq.ft.	$530,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.1% Airbnb Rental Income: $null Traditional Rental Income: $2698 Airbnb ROI: N/A Traditional ROI: 4.1%
1803 Henderson Street Waveland, MS Beautiful Brick Home in Prime Waveland Location - Welcome to this beautiful brick home off...	3 beds \| 2 baths \| 2,600 sq.ft.	$569,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2775 Airbnb ROI: N/A Traditional ROI: 3.67%

Real Estate investment in Waveland, MS

There are 33 properties for sale in the city of Waveland . The median list price in Waveland is $329,000 and the average price per square foot is $190. In December 2025, the average monthly cash on cash return in Waveland is 4.00%. The average monthly rental income in Waveland is $2,075.

Waveland, MS Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Waveland.

In 2025, the best neighborhood to buy investment property is Waveland.

The ROI for Short-Term is higher than the Long-Term in Waveland with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Waveland, MS

121 Mollere Drive

Waveland, MS

3 beds | 2 baths | 1,606 sq.ft.

$565,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2044

Airbnb ROI: N/A

Traditional ROI: 1.84%

329 Davis Street

Waveland, MS

3 beds | 2 baths | N/A

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.24%

Airbnb Rental Income: $null

Traditional Rental Income: $1771

Airbnb ROI: N/A

Traditional ROI: 4.24%

122 Lakeside Drive

Waveland, MS

3 beds | 2 baths | 1,823 sq.ft.

$314,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.18%

Airbnb Rental Income: $null

Traditional Rental Income: $1573

Airbnb ROI: N/A

Traditional ROI: 3.18%

326 S Central Avenue

Waveland, MS

3 beds | 2 baths | 1,367 sq.ft.

$217,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1430

Airbnb ROI: N/A

Traditional ROI: 5.33%

1001 Rue De Lasalle Street

Waveland, MS

3 beds | 2 baths | 1,124 sq.ft.

$188,700

Airbnb cash on cash: N/A

Traditional cash on cash: 6.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1477

Airbnb ROI: N/A

Traditional ROI: 6.26%

400 Merritt Street

Waveland, MS

3 beds | 3 baths | 2,101 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2597

Airbnb ROI: N/A

Traditional ROI: 4.33%

403 Saint Jude Street

Waveland, MS

4 beds | 2 baths | 1,456 sq.ft.

$239,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.91%

Airbnb Rental Income: $null

Traditional Rental Income: $1604

Airbnb ROI: N/A

Traditional ROI: 4.91%

120 Mollere Drive

Waveland, MS

3 beds | 2 baths | 1,600 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1979

Airbnb ROI: N/A