141 Grande View DrBiloxiMS39531
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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 Biloxi at 141 Grande View Dr, Biloxi, MS, 39531 with 5% annual appreciation on a $425,000 basis while $3,629/mo rent supports operations. Total monthly income totals $3,629/mo and a $2,080/mo payment preserves $988/mo for cash returns. Annual cash flow comes to $11,861/yr on $140,888 deployed, and return on cash invested reaches 28.33% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 10.25%. Five-year ROI measures 148.03% and total cumulative return in cash totals $208,553.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,629/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
4,791 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39531, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,384 (100%) |
| Owner Occupied HU | 3,237 (31.2%) |
| Renter Occupied HU | 5,546 (53.4%) |
| Vacant Housing Units | 1,601 (15.4%) |
| Median Home Value | $243,911 |
| Average Home Value | $297,810 |
Housing Distribution
Address Breakdown
Residential
9,357
Single Family
6,023
Multi-Family
3,334
Businesses
660
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Listed by: Charlotte Ballard • eAgent VIP Realty
Mls Name: MLS United
Mls ID: #4092122
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.