106 Rosemary AveLong 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
Rental property for sale in Long Beach at 106 Rosemary Ave, Long Beach, MS, 39560 priced at $120,000 converts $940/mo rent into $206/mo cash flow after a $587/mo obligation. Total monthly income equals $940/mo, and annual cash flow totals $2,472/yr on $39,780 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 9.4% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 136.07% and total cumulative return in cash sums $54,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $940/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1956
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy M Switzer • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4138186