116 Edmund DrLong 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
Investment property for sale in Long Beach at 116 Edmund Dr, Long Beach, MS, 39560 offers a 9.39% rental yield on a $220,000 purchase with $1,722/mo rent. Total monthly income registers $1,722/mo, and a $1,077/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,506/yr on $72,930 to close, and return on cash invested stands at 26.09% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 135.91% and total cumulative return in cash at $99,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,722/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.67 Acres 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: Beth Arnold • Beth Arnold Realty, LLC
Mls Name: MLS United
Mls ID: #4135370