10304 Lake Forest DrVancleaveMS39565
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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
Investment property for sale in Vancleave at 10304 Lake Forest Dr, Vancleave, MS, 39565 uses $132,534 cash to close to unlock $10,443/yr annual cash flow and $870/mo monthly cash flow. Total monthly income runs $3,317/mo, and a $1,957/mo payment keeps the spread at $870/mo. Purchase price stands at $399,800, and rental yield measures 9.96% with $3,317/mo rent. Return on cash invested shows 27.79% in year one, and 5% annual appreciation builds toward $110,457 over five years. Five-year ROI reaches 145.02% and total cumulative return in cash records $192,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,317/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
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Listed by: N/A • N/A
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