186 Summer PlBiloxiMS39530
Nearby investment properties with comparable rents
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 186 Summer Pl, Biloxi, MS, 39530 at $205,500 posts ROI 24.49% with $260/mo cash flow from $1,518/mo rent. Total monthly income equals $1,518/mo, and annual cash flow records $3,123/yr on $68,123 to close. Return on cash invested measures 24.49% and rental yield reads 8.86% at the current $205,500. Equity gained on principal adds $1,326/yr, and 5% annual appreciation supports $56,776 by year five. Five-year ROI prints 127.38% and total cumulative return in cash totals $86,779.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,518/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,840 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: Natalie J Olier' • Coldwell Banker Alfonso Realty-OS-B/O
Mls Name: MLS United
Mls ID: #4124395