15409 Wagon Wheel StBiloxiMS39532
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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 15409 Wagon Wheel St, Biloxi, MS, 39532 earns $637/mo cash flow from $2,466/mo rent with a $1,463/mo payment. Total monthly income totals $2,466/mo, and annual cash flow totals $7,641/yr on $99,119 capital. ROI tracks 27.62% on current figures, and rental yield reads 9.9% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 144.09% and total cumulative return in cash sums $142,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,466/mo property income instead of your personal income.
Single Family
Built in 2007
0.51 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: Alexis Dauphin • Expect Realty
Mls Name: MLS United
Mls ID: #4125535