172 Lee StBiloxiMS39530
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Nearby investment properties with comparable prices
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 172 Lee St, Biloxi, MS, 39530 offers a 12.09% rental yield on a $163,000 purchase with $1,642/mo rent. Total monthly income registers $1,642/mo, and a $798/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,577/yr on $54,035 to close, and return on cash invested stands at 33.93% in year one. Equity gained on principal adds $1,052/yr while 5% annual appreciation supports $45,034 over five years. Portfolio math shows five-year ROI at 178.1% and total cumulative return in cash at $96,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,642/mo property income against a $798/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
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Listed by: J. Wayne Byars • Cameron Bell Properties, Inc.
Mls Name: MLS United
Mls ID: #4109002
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.