1515 E Beach Blvd APT 201Pass 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 201, Pass Christian, MS, 39571 earns $116/mo cash flow from $1,186/mo rent with a $856/mo payment. Total monthly income totals $1,186/mo, and annual cash flow totals $1,389/yr on $57,979 capital. ROI tracks 22.3% on current figures, and rental yield reads 8.14% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash sums $67,032. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,186/mo property income instead of your personal income.
Condo
Built in 2010
3.41 Acres 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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Listed by: John G Carter • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4135512