1603 Roosevelt StPascagoulaMS39567
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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 Pascagoula at 1603 Roosevelt St, Pascagoula, MS, 39567 listed at $215,000 pairs $1,460/mo rent with a $1,052/mo payment to leave $145/mo cash flow. Total monthly income runs $1,460/mo, and annual cash flow reaches $1,736/yr on $71,273 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.15% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 115.82% and total cumulative return in cash totals $82,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,460/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
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Listed by: Michelle Olsen • Dronet Realty Group
Mls Name: MLS United
Mls ID: #4123181