1091 Frank P Corso StBiloxiMS39530
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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 Biloxi at 1091 Frank P Corso St, Biloxi, MS, 39530 earns $256/mo cash flow from $1,939/mo rent with a $1,346/mo payment. Total monthly income totals $1,939/mo, and annual cash flow totals $3,074/yr on $91,163 capital. ROI tracks 23.28% on current figures, and rental yield reads 8.46% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 120.88% and total cumulative return in cash sums $110,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,939/mo property income instead of your personal income.
Single Family
Built in 1946
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
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Listed by: Michael A Beech • 1401 Realty Group
Mls Name: MLS United
Mls ID: #4132298