2046 Beach Blvd APT C311BiloxiMS39531
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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 Biloxi at 2046 Beach Blvd APT C311, Biloxi, MS, 39531 listed at $239,900 pairs $1,651/mo rent with a $1,174/mo payment to leave $183/mo cash flow. Total monthly income runs $1,651/mo, and annual cash flow reaches $2,198/yr on $79,527 cash to close. Return on cash invested measures 22.67% in year one, and rental yield registers 8.26% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 117.63% and total cumulative return in cash totals $93,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,651/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
4.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39531, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,384 (100%) |
| Owner Occupied HU | 3,237 (31.2%) |
| Renter Occupied HU | 5,546 (53.4%) |
| Vacant Housing Units | 1,601 (15.4%) |
| Median Home Value | $243,911 |
| Average Home Value | $297,810 |
Housing Distribution
Address Breakdown
Residential
9,357
Single Family
6,023
Multi-Family
3,334
Businesses
660
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Listed by: Maria Velez De Villa • Sunset Mississippi Realty, LLC
Mls Name: MLS United
Mls ID: #4135651