15049 Cedar Springs DrBiloxiMS39532
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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 15049 Cedar Springs Dr, Biloxi, MS, 39532 earns $712/mo cash flow from $2,297/mo rent with a $1,268/mo payment. Total monthly income totals $2,297/mo, and annual cash flow totals $8,541/yr on $85,859 capital. ROI tracks 29.86% on current figures, and rental yield reads 10.64% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 156.11% and total cumulative return in cash sums $134,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,297/mo property income instead of your personal income.
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39532, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,017 (100%) |
| Owner Occupied HU | 9,809 (61.2%) |
| Renter Occupied HU | 5,072 (31.7%) |
| Vacant Housing Units | 1,136 ( 7.1%) |
| Median Home Value | $274,646 |
| Average Home Value | $326,970 |
Housing Distribution
Address Breakdown
Residential
15,395
Single Family
13,067
Multi-Family
2,328
Businesses
575
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Listed by: Jason Ingram • eXp Realty
Mls Name: MLS United
Mls ID: #4125252