1628 Courthouse RdGulfportMS39507
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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 Gulfport at 1628 Courthouse Rd, Gulfport, MS, 39507 listed at $219,900 pairs $1,888/mo rent with a $1,076/mo payment to leave $543/mo cash flow. Total monthly income runs $1,888/mo, and annual cash flow reaches $6,511/yr on $72,897 cash to close. Return on cash invested measures 28.84% in year one, and rental yield registers 10.3% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 150.66% and total cumulative return in cash totals $109,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,888/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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Nearby investment properties with comparable prices
Listed by: Jodi S Busch • Century 21 Busch Realty Group
Mls Name: MLS United
Mls ID: #4093188
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.