2 Lexington PlGulfportMS39507
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 Gulfport at 2 Lexington Pl, Gulfport, MS, 39507 priced at $253,500 pairs $2,146/mo rent with $594/mo cash flow after a $1,241/mo payment. Total monthly income equals $2,146/mo, and annual cash flow comes to $7,134/yr on $84,035 invested. Return on cash invested is 28.4% in year one, and rental yield stands at 10.16% on a $253,500 basis. Equity gained on principal adds $1,636/yr, and 5% annual appreciation accumulates to $70,037 by year five. Five-year ROI measures 148.3% and total cumulative return in cash reaches $124,625. For financing, Ziffy Mortgage’s DSCR program evaluates $2,146/mo property income against a $1,241/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
9,147 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: Sherry L Owen • Owen & Co., LLC
Mls Name: MLS United
Mls ID: #4108942
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.