203 Charles AveLong BeachMS39560
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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 Long Beach at 203 Charles Ave, Long Beach, MS, 39560 priced at $138,000 pairs $1,549/mo rent with $691/mo cash flow after a $675/mo payment. Total monthly income equals $1,549/mo, and annual cash flow comes to $8,297/yr on $45,747 invested. Return on cash invested is 38.04% in year one, and rental yield stands at 13.47% on a $138,000 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,127 by year five. Five-year ROI measures 200.18% and total cumulative return in cash reaches $91,578. For financing, Ziffy Mortgage’s DSCR program evaluates $1,549/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
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Listed by: Tonya M Chevis • RE/MAX Along The Way
Mls Name: MLS United
Mls ID: #4112858
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.