184 Hoxie StBiloxiMS39530
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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 184 Hoxie St, Biloxi, MS, 39530 priced at $187,500 pairs $1,672/mo rent with $524/mo cash flow after a $918/mo payment. Total monthly income equals $1,672/mo, and annual cash flow comes to $6,292/yr on $62,156 invested. Return on cash invested is 30.03% in year one, and rental yield stands at 10.7% on a $187,500 basis. Equity gained on principal adds $1,210/yr, and 5% annual appreciation accumulates to $51,803 by year five. Five-year ROI measures 157.11% and total cumulative return in cash reaches $97,651. For financing, Ziffy Mortgage’s DSCR program evaluates $1,672/mo property income against a $918/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1934
0.25 Acres 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: Kymmie Hoang-Nguyen • Wise Realty, LLC
Mls Name: MLS United
Mls ID: #4115236