1410 33rd AveGulfportMS39501
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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 1410 33rd Ave, Gulfport, MS, 39501 offers a 11.07% rental yield on a $149,000 purchase with $1,375/mo rent. Total monthly income registers $1,375/mo, and a $729/mo payment leaves $432/mo available for distribution. Annual cash flow reaches $5,189/yr on $49,394 to close, and return on cash invested stands at 30.41% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 159.41% and total cumulative return in cash at $78,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,375/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Philip J Leblanc • Coldwell Banker Alfonso Realty-Lorraine Rd
Mls Name: MLS United
Mls ID: #4094138
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.