215 E 2nd St #34APass ChristianMS39571
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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 Pass Christian at 215 E 2nd St #34A, Pass Christian, MS, 39571 listed at $299,900 pairs $1,588/mo rent with a $1,468/mo payment. Total monthly income runs $1,588/mo. Return on cash invested measures 16.92% in year one, and rental yield registers 6.35% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 86.75% and total cumulative return in cash totals $86,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,588/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2011
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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Listed by: Amanda J Coates • eAgent Gulf Coast
Mls Name: MLS United
Mls ID: #4120255