1903 Goldrush StVancleaveMS39565
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
Rental property for sale in Vancleave at 1903 Goldrush St, Vancleave, MS, 39565 priced at $519,000 converts $4,030/mo rent into $854/mo cash flow after a $2,540/mo obligation. Total monthly income equals $4,030/mo, and annual cash flow totals $10,251/yr on $170,751 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.32% against a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation compiles into $143,390 by year five. Five-year ROI reaches 135.74% and total cumulative return in cash sums $231,777. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,030/mo property income covering a $2,540/mo payment, not borrower’s personal income.
Single Family
Built in 1987
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabitha White • Prestige Realty & Investments
Mls Name: MLS United
Mls ID: #4134013