1245 24th St, Gulfport, MS, 39501 | $254/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gulfport at 1245 24th St, Gulfport, MS, 39501 uses $56,322 cash to close to unlock $3,046/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,294/mo, and a $832/mo payment keeps the spread at $254/mo. Purchase price stands at $169,900, and rental yield measures 9.14% with $1,294/mo rent. Return on cash invested shows 25.32% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 131.76% and total cumulative return in cash records $74,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,294/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1958

8,276 sqft lot

$N/A/sqft

No HOA