2218 Kingsberry AvePascagoulaMS39567
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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
Rental property for sale in Pascagoula at 2218 Kingsberry Ave, Pascagoula, MS, 39567 offers $1,451/mo rent that, after a $851/mo payment, leaves $387/mo cash flow. Total monthly income is $1,451/mo, and annual cash flow is $4,644/yr on $57,648 cash. Return on cash invested measures 27.96% in year one, and rental yield stands at 10.01% at a $173,900 entry. Equity gained on principal adds $1,122/yr while 5% annual appreciation compounds into $48,045 by year five. Five-year ROI records 145.94% and total cumulative return in cash reaches $84,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,451/mo property income versus a $851/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
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Nearby investment properties with comparable prices
Listed by: Chelsey Griffin • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4089811
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.