2207 31st St,Gulfport,MS,39501

Investment Highlights

Investment property for sale in Gulfport at 2207 31st St, Gulfport, MS, 39501 listed at $152,000 pairs $2,189/mo rent with a $744/mo payment to leave $1,243/mo cash flow. Total monthly income runs $2,189/mo, and annual cash flow reaches $14,913/yr on $50,388 cash to close. Return on cash invested measures 49.5% in year one, and rental yield registers 17.28% at a $152,000 basis. Equity gained on principal adds $981/yr, and annual property appreciation at 5% supports $41,995 by year five. Five-year ROI tracks 261.63% and total cumulative return in cash totals $131,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,189/mo property income relative to a $744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).