206 E Railroad StGulfportMS39507
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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 Gulfport at 206 E Railroad St, Gulfport, MS, 39507 earns $593/mo cash flow from $1,750/mo rent with a $881/mo payment. Total monthly income totals $1,750/mo, and annual cash flow totals $7,120/yr on $59,637 capital. ROI tracks 31.85% on current figures, and rental yield reads 11.67% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 167.23% and total cumulative return in cash sums $99,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Single Family
Built in 2010
8,712 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: Jennifer Larson • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4100031
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.