11232 Shorecrest Rd, Biloxi, MS, 39532 | $578/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Biloxi at 11232 Shorecrest Rd, Biloxi, MS, 39532 listed at $262,990 pairs $2,220/mo rent with a $1,287/mo payment to leave $578/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $6,930/yr on $87,181 cash to close. Return on cash invested measures 27.86% in year one, and rental yield registers 10.13% at a $262,990 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,659 by year five. Five-year ROI tracks 145.57% and total cumulative return in cash totals $126,908. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

0.25 Acres lot

$N/A/sqft

$400 annually 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