24002 Highway 57VancleaveMS39565
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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 Vancleave at 24002 Highway 57, Vancleave, MS, 39565 earns $546/mo cash flow from $1,769/mo rent with a $978/mo payment. Total monthly income totals $1,769/mo, and annual cash flow totals $6,553/yr on $66,267 capital. ROI tracks 29.8% on current figures, and rental yield reads 10.62% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 155.84% and total cumulative return in cash sums $103,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,769/mo property income instead of your personal income.
Manufactured
Built in 2007
5.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
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Listed by: Brantley Ellison • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4116521
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.