2329 Middlecoff DrGulfportMS39507
Nearby investment properties with comparable rents
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
Investment property for sale in Gulfport at 2329 Middlecoff Dr, Gulfport, MS, 39507 earns $433/mo cash flow from $1,718/mo rent with a $1,028/mo payment. Total monthly income totals $1,718/mo, and annual cash flow totals $5,193/yr on $69,615 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.82% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 142.75% and total cumulative return in cash sums $99,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,718/mo property income instead of your personal income.
Single Family
Built in 1968
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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Listed by: Lisa N Wasielak • Coldwell Banker Smith Home Rltrs-OS
Mls Name: MLS United
Mls ID: #4094139
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.