215 E Second St UNIT 35Pass 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
Investment property for sale in Pass Christian at 215 E Second St UNIT 35, Pass Christian, MS, 39571 earns $14/mo cash flow from $1,146/mo rent with a $905/mo payment. Total monthly income totals $1,146/mo, and annual cash flow totals $173/yr on $61,328 capital. ROI tracks 20.19% on current figures, and rental yield reads 7.43% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 104.32% and total cumulative return in cash sums $63,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,146/mo property income instead of your personal income.
Condo
Built in 2010
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: Samantha Mitchell • Blackwater Realty
Mls Name: MLS United
Mls ID: #4114615
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.