1664 Beach Blvd #7BiloxiMS39531
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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 Biloxi at 1664 Beach Blvd #7, Biloxi, MS, 39531 earns $206/mo cash flow from $929/mo rent with a $578/mo payment. Total monthly income totals $929/mo, and annual cash flow totals $2,477/yr on $39,117 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.45% at a $118,000 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 over five years. Five-year ROI reaches 136.8% and total cumulative return in cash sums $53,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $929/mo property income instead of your personal income.
Condo
Built in 1967
6.24 Acres 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: April P Cook • Welcome Home Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4130566