2405 Highland DrGautierMS39553
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
Rental property for sale in Gautier at 2405 Highland Dr, Gautier, MS, 39553 priced at $179,000 converts $1,411/mo rent into $239/mo cash flow after a $876/mo obligation. Total monthly income equals $1,411/mo, and annual cash flow totals $2,863/yr on $59,339 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 9.46% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 129.19% and total cumulative return in cash sums $76,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,411/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 2003
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39553, Gautier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,650 (100%) |
| Owner Occupied HU | 4,791 (62.6%) |
| Renter Occupied HU | 2,181 (28.5%) |
| Vacant Housing Units | 678 ( 8.9%) |
| Median Home Value | $181,985 |
| Average Home Value | $239,417 |
Housing Distribution
Address Breakdown
Residential
7,007
Single Family
6,165
Multi-Family
842
Businesses
528
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Nearby investment properties with comparable prices
Listed by: Elizabeth Wackenhut • Keller Williams
Mls Name: MLS United
Mls ID: #4089580
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.