1219 Polk AvePascagoulaMS39567
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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 Pascagoula at 1219 Polk Ave, Pascagoula, MS, 39567 uses $56,189 cash to close to unlock $8,788/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $830/mo payment keeps the spread at $732/mo. Purchase price stands at $169,500, and rental yield measures 12.53% with $1,770/mo rent. Return on cash invested shows 35.55% in year one, and 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 186.67% and total cumulative return in cash records $104,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $830/mo payment rather than investor’s personal income.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
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Listed by: Chelsey Stace • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4123351