118 Edith DrBay Saint LouisMS39520
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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 Bay Saint Louis at 118 Edith Dr, Bay Saint Louis, MS, 39520 offers a 3.67% rental yield on a $739,900 purchase with $2,262/mo rent. 89% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,421 over five years. Portfolio math shows five-year ROI at 43.64% and total cumulative return in cash at $106,239. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,262/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,122 (100%) |
| Owner Occupied HU | 4,375 (53.9%) |
| Renter Occupied HU | 2,157 (26.6%) |
| Vacant Housing Units | 1,590 (19.6%) |
| Median Home Value | $228,185 |
| Average Home Value | $286,488 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
6,410
Multi-Family
637
Businesses
492
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Listed by: Ken A Harshbarger • Ellis Realty
Mls Name: MLS United
Mls ID: #4120509