1100 W Beach Blvd APT 411Pass ChristianMS39571
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 Pass Christian at 1100 W Beach Blvd APT 411, Pass Christian, MS, 39571 generates $2,692/mo in rent, after a $2,293/mo payment. Total monthly income is $2,692/mo. Return on cash invested sits at 10.07% in year one, and rental yield is 6.9% on a $468,500 entry. Equity gained on principal adds $3,023/yr, while 5% annual appreciation builds toward $129,438 over five years. Five-year ROI reaches 53.11% and total cumulative return in cash sums $82,482. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,692/mo property income rather than buyer’s personal income.
Condo
Built in 2007
2.11 Acres lot
$N/A/sqft
$1,098 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth A Mandal • Mandal Preferred, Inc.
Mls Name: MLS United
Mls ID: #4091742
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.