10621 Red Bud CtGulfportMS39503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 10621 Red Bud Ct, Gulfport, MS, 39503 in Gulfport. Priced at $155,000, it generates $1,530/mo in gross rent and $563/mo in net monthly cash flow, a 11.85% yield that comfortably supports the 2.20 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,761. Five-year appreciation: $42,824. Equity from principal paydown: $1,428/yr. Total projected cumulative return: $95,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 10.0% |
| Monthly Cash Flow | $563 | $850 |
City averages based on Gulfport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,530 |
| Total Monthly Debt Service | $905 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla Martello • Stars and Stripes Realty, LLC.
Mls Name: MLS United
Mls ID: #4100942
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.