15388 High Point DrGulfportMS39503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 15388 High Point Dr, Gulfport, MS, 39503 in Gulfport deserves attention. This $269,760 property earns $2,464/mo in rent, a 10.96% gross yield, and nets $779/mo after the $1,213/mo payment. DSCR 2.03 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $74,530 compounds alongside $2,485/yr in yearly equity build, for a total cumulative return of $152,566.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 10.0% |
| Monthly Cash Flow | $779 | $850 |
City averages based on Gulfport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,464 |
| Total Monthly Debt Service | $1,577 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$200 semi-annually HOA
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
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$200 semi-annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Saun A Sullivan • Cicero Realty, LLC
Mls Name: MLS United
Mls ID: #4098140
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.