2400 15th AveGulfportMS39501
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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 2400 15th Ave, Gulfport, MS, 39501 offers a 9.17% rental yield on a $139,900 purchase with $1,069/mo rent. Total monthly income registers $1,069/mo, and a $685/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,384/yr on $46,377 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 130.47% and total cumulative return in cash at $60,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,069/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Ashley McDonald • Coldwell Banker Alfonso Realty-Lorraine Rd
Mls Name: MLS United
Mls ID: #4089038
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.