1311 Poplar AveGulfportMS39507
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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 Gulfport at 1311 Poplar Ave, Gulfport, MS, 39507 offers a 9.32% rental yield on a $148,000 purchase with $1,149/mo rent. Total monthly income registers $1,149/mo, and a $724/mo payment leaves $220/mo available for distribution. Annual cash flow reaches $2,645/yr on $49,062 to close, and return on cash invested stands at 25.3% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 131.94% and total cumulative return in cash at $64,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,149/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,147 sqft 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
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Listed by: Steve J Rife • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4101584
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.