1608 Fern Ave, Gulfport, MS, 39501 | $166/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Gulfport at 1608 Fern Ave, Gulfport, MS, 39501 earns $166/mo cash flow from $1,345/mo rent with a $870/mo payment. Total monthly income totals $1,345/mo, and annual cash flow totals $1,993/yr on $58,908 capital. ROI tracks 23.29% on current figures, and rental yield reads 9.08% at a $177,700 purchase. Equity gained on principal adds $1,147/yr, and 5% annual appreciation supports $49,095 over five years. Five-year ROI reaches 121.64% and total cumulative return in cash sums $71,655. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,345/mo property income instead of your personal income.

Multi Family

Built in 2008

0.38 Acres lot

$N/A/sqft

No HOA