118 Saint Peter StBiloxiMS39530
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 Biloxi at 118 Saint Peter St, Biloxi, MS, 39530 at $379,900 posts ROI 18.65% with from $2,192/mo rent. Total monthly income equals $2,192/mo. Return on cash invested measures 18.65% and rental yield reads 6.92% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 95.99% and total cumulative return in cash totals $120,881. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,192/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1944
5,227 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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Nearby investment properties with comparable prices
Listed by: Gianna Giambelluca • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4101821
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.