19 30th StGulfportMS39507
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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 Gulfport at 19 30th St, Gulfport, MS, 39507 with 5% annual appreciation on a $159,995 basis while $1,505/mo rent supports operations. Total monthly income totals $1,505/mo and a $783/mo payment preserves $509/mo for cash returns. Annual cash flow comes to $6,114/yr on $53,038 deployed, and return on cash invested reaches 31.44% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,204 alongside rental yield of 11.29%. Five-year ROI measures 164.76% and total cumulative return in cash totals $87,384.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,505/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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Listed by: Krista Goodhart • Owen & Co., LLC
Mls Name: MLS United
Mls ID: #4087020
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.