143 Saint Charles StBay Saint LouisMS39520
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 Bay Saint Louis at 143 Saint Charles St, Bay Saint Louis, MS, 39520 listed at $699,000 pairs $3,192/mo rent with a $3,421/mo payment. Total monthly income runs $3,192/mo. Return on cash invested measures 14.4% in year one, and rental yield registers 5.48% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 73.16% and total cumulative return in cash totals $168,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,192/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,122 (100%) |
| Owner Occupied HU | 4,375 (53.9%) |
| Renter Occupied HU | 2,157 (26.6%) |
| Vacant Housing Units | 1,590 (19.6%) |
| Median Home Value | $228,185 |
| Average Home Value | $286,488 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
6,410
Multi-Family
637
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Lemoine Raymond • HL Raymond Properties, LLC
Mls Name: MLS United
Mls ID: #4084063
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.