1614 Hollywood BlvdBiloxiMS39531
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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
Rental property for sale in Biloxi at 1614 Hollywood Blvd, Biloxi, MS, 39531 offers $934/mo rent that, after a $587/mo payment, leaves $200/mo cash flow. Total monthly income is $934/mo, and annual cash flow is $2,400/yr on $39,780 cash. Return on cash invested measures 25.94% in year one, and rental yield stands at 9.34% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 135.13% and total cumulative return in cash reaches $53,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $934/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39531, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,384 (100%) |
| Owner Occupied HU | 3,237 (31.2%) |
| Renter Occupied HU | 5,546 (53.4%) |
| Vacant Housing Units | 1,601 (15.4%) |
| Median Home Value | $243,911 |
| Average Home Value | $297,810 |
Housing Distribution
Address Breakdown
Residential
9,357
Single Family
6,023
Multi-Family
3,334
Businesses
660
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Listed by: Victoria L Gryder • Fidelis Realty, LLC.
Mls Name: MLS United
Mls ID: #4092793
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.