1593 Rachel DrBiloxiMS39532
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
Rental property for sale in Biloxi at 1593 Rachel Dr, Biloxi, MS, 39532 offers $2,459/mo rent that, after a $1,879/mo payment, leaves $110/mo cash flow. Total monthly income is $2,459/mo, and annual cash flow is $1,315/yr on $127,296 cash. Return on cash invested measures 20.94% in year one, and rental yield stands at 7.68% at a $384,000 entry. Equity gained on principal adds $2,478/yr while 5% annual appreciation compounds into $106,092 by year five. Five-year ROI records 108.29% and total cumulative return in cash reaches $137,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,459/mo property income versus a $1,879/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline L Ready • Berkshire Hathaway Home Servs., Panoramic Properties
Mls Name: MLS United
Mls ID: #4107353
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.