2209 34th StGulfportMS39501
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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 Gulfport at 2209 34th St, Gulfport, MS, 39501 offers a 9.52% rental yield on a $145,000 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $710/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,148/yr on $48,068 to close, and return on cash invested stands at 26.46% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 137.95% and total cumulative return in cash at $66,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Mary Ann Patton • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4094733
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.