24031 Old River RdVancleaveMS39565
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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
Rental property for sale in Vancleave at 24031 Old River Rd, Vancleave, MS, 39565 generates $2,461/mo in rent and, after a $1,684/mo payment, leaves $356/mo in cash flow. Total monthly income is $2,461/mo, and annual cash flow is $4,267/yr on $114,036 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 8.58% on a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash sums $140,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,461/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
5 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: Trish Hamann • Expect Realty
Mls Name: MLS United
Mls ID: #4115047
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.