215 E 2nd St #14Pass ChristianMS39571
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 Pass Christian at 215 E 2nd St #14, Pass Christian, MS, 39571 generates $1,940/mo in rent and, after a $1,427/mo payment, leaves $156/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $1,871/yr on $96,632 invested. Return on cash invested sits at 21.85% in year one, and rental yield is 7.99% on a $291,500 entry. Equity gained on principal adds $1,881/yr, while 5% annual appreciation builds toward $80,536 over five years. Five-year ROI reaches 113.12% and total cumulative return in cash sums $109,315. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39571, Pass Christian, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,179 (100%) |
| Owner Occupied HU | 4,919 (68.5%) |
| Renter Occupied HU | 1,098 (15.3%) |
| Vacant Housing Units | 1,162 (16.2%) |
| Median Home Value | $274,744 |
| Average Home Value | $319,297 |
Housing Distribution
Address Breakdown
Residential
6,918
Single Family
6,702
Multi-Family
216
Businesses
398
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A