10460 Shorecrest RdBiloxiMS39532
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 Biloxi at 10460 Shorecrest Rd, Biloxi, MS, 39532 earns $837/mo cash flow from $2,177/mo rent with a $1,072/mo payment. Total monthly income totals $2,177/mo, and annual cash flow totals $10,041/yr on $72,599 capital. ROI tracks 33.74% on current figures, and rental yield reads 11.93% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 176.93% and total cumulative return in cash sums $128,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,177/mo property income instead of your personal income.
Single Family
Built in 1989
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39532, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,017 (100%) |
| Owner Occupied HU | 9,809 (61.2%) |
| Renter Occupied HU | 5,072 (31.7%) |
| Vacant Housing Units | 1,136 ( 7.1%) |
| Median Home Value | $274,646 |
| Average Home Value | $326,970 |
Housing Distribution
Address Breakdown
Residential
15,395
Single Family
13,067
Multi-Family
2,328
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dee K Salvas • Moxie Properties
Mls Name: MLS United
Mls ID: #4095370
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.