182 Miramar AveBiloxiMS39530
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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 182 Miramar Ave, Biloxi, MS, 39530 with 5% annual appreciation on a $320,000 basis while $2,290/mo rent supports operations. Total monthly income totals $2,290/mo and a $1,566/mo payment preserves $332/mo for cash returns. Annual cash flow comes to $3,984/yr on $106,080 deployed, and return on cash invested reaches 23.66% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.59%. Five-year ROI measures 122.88% and total cumulative return in cash totals $130,347.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,290/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
5,662 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: Leslie Suit • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4134348