2003 Ray AvePascagoulaMS39567
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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 Pascagoula at 2003 Ray Ave, Pascagoula, MS, 39567 offers a 8.27% rental yield on a $200,000 purchase with $1,378/mo rent. Total monthly income registers $1,378/mo, and a $979/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,848/yr on $66,300 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 117.68% and total cumulative return in cash at $78,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,378/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
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Listed by: N/A • N/A
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