103 Reeves StLong BeachMS39560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Long Beach at 103 Reeves St, Long Beach, MS, 39560 offers a 9.08% rental yield on a $143,900 purchase with $1,089/mo rent. Total monthly income registers $1,089/mo, and a $704/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,505/yr on $47,703 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $929/yr while 5% annual appreciation supports $39,757 over five years. Portfolio math shows five-year ROI at 130.93% and total cumulative return in cash at $62,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,089/mo property income against a $704/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
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Listed by: Daniel Demers • Sell Your Home Services, LLC.
Mls Name: MLS United
Mls ID: #4109637
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.