1423 E 2nd StPass ChristianMS39571
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
Rental property for sale in Pass Christian at 1423 E 2nd St, Pass Christian, MS, 39571 generates $2,899/mo in rent and, after a $559/mo payment, leaves $2,062/mo in cash flow. Total monthly income is $2,899/mo, and annual cash flow is $24,745/yr on $37,852 invested. Return on cash invested sits at 85.28% in year one, and rental yield is 30.47% on a $114,184 entry. Equity gained on principal adds $737/yr, while 5% annual appreciation builds toward $31,547 over five years. Five-year ROI reaches 455.01% and total cumulative return in cash sums $172,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,899/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A