1515 E Beach Blvd APT 131Pass 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
Investment property for sale in Pass Christian at 1515 E Beach Blvd APT 131, Pass Christian, MS, 39571 earns from $1,784/mo rent with a $1,079/mo payment. Total monthly income totals $1,784/mo. ROI tracks 17% on current figures, and rental yield reads 9.71% at a $220,500 purchase. Equity gained on principal adds $1,423/yr, and 5% annual appreciation supports $60,920 over five years. Five-year ROI reaches 90.79% and total cumulative return in cash sums $66,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,784/mo property income instead of your personal income.
Condo
Built in 2012
3.42 Acres lot
$N/A/sqft
$612 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy P Wood • Amy Wood Properties
Mls Name: MLS United
Mls ID: #4095375
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.