129 Trautman AveLong BeachMS39560
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 Long Beach at 129 Trautman Ave, Long Beach, MS, 39560 at $299,000 posts ROI 27.16% with $599/mo cash flow from $2,428/mo rent. Total monthly income equals $2,428/mo, and annual cash flow records $7,185/yr on $99,119 to close. Return on cash invested measures 27.16% and rental yield reads 9.74% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 141.62% and total cumulative return in cash totals $140,374.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,428/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin L May • eAgent Preferred
Mls Name: MLS United
Mls ID: #4097156
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.