231 Santini StBiloxiMS39530
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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 Biloxi at 231 Santini St, Biloxi, MS, 39530 uses $46,940 cash to close to unlock $17,480/yr annual cash flow and $1,457/mo monthly cash flow. Total monthly income runs $2,334/mo, and a $693/mo payment keeps the spread at $1,457/mo. Purchase price stands at $141,600, and rental yield measures 19.78% with $2,334/mo rent. Return on cash invested shows 57.15% in year one, and 5% annual appreciation builds toward $39,121 over five years. Five-year ROI reaches 302.57% and total cumulative return in cash records $142,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,334/mo property income covering a $693/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
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Listed by: N/A • N/A
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