1200 Beach Dr APT 903GulfportMS39507
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 Gulfport at 1200 Beach Dr APT 903, Gulfport, MS, 39507 generates $2,306/mo in rent and, after a $1,561/mo payment, leaves $354/mo in cash flow. Total monthly income is $2,306/mo, and annual cash flow is $4,252/yr on $105,715 invested. Return on cash invested sits at 23.93% in year one, and rental yield is 8.68% on a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,106 over five years. Five-year ROI reaches 124.35% and total cumulative return in cash sums $131,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,306/mo property income rather than buyer’s personal income.
Condo
Built in 2007
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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: #4131267