1524 Courthouse RdGulfportMS39507
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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
Rental property for sale in Gulfport at 1524 Courthouse Rd, Gulfport, MS, 39507 generates $1,446/mo in rent and, after a $905/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,446/mo, and annual cash flow is $3,773/yr on $61,328 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.38% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 135.78% and total cumulative return in cash sums $83,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,446/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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Listed by: Janet S Lawrence • Owen & Co., LLC
Mls Name: MLS United
Mls ID: #4124272