2301 16th Ave, Gulfport, MS, 39501 | 5.9% Rental Yield

For Sale

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

Total monthly income runs $1,965/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 5.9% with $1,965/mo rent. Return on cash invested shows 15.54% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 79.31% and total cumulative return in cash records $105,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,965/mo property income covering a $1,958/mo payment rather than investor’s personal income.

Multi Family

Built in 1930

2.23 Acres lot

$N/A/sqft

No HOA