216 Carre Ct, Bay Saint Louis, MS, 39520 | $95/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bay Saint Louis at 216 Carre Ct, Bay Saint Louis, MS, 39520 offers $2,543/mo rent that, after a $1,958/mo payment, leaves $95/mo cash flow. Total monthly income is $2,543/mo, and annual cash flow is $1,140/yr on $132,597 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 7.63% at a $399,990 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,510 by year five. Five-year ROI records 107.39% and total cumulative return in cash reaches $142,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,543/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2008

1,306 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,122 (100%)
Owner Occupied HU	4,375 (53.9%)
Renter Occupied HU	2,157 (26.6%)
Vacant Housing Units	1,590 (19.6%)
Median Home Value	$228,185
Average Home Value	$286,488