2406 8th StPascagoulaMS39567
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 Pascagoula at 2406 8th St, Pascagoula, MS, 39567 listed at $130,000 pairs $1,003/mo rent with a $636/mo payment to leave $208/mo cash flow. Total monthly income runs $1,003/mo, and annual cash flow reaches $2,493/yr on $43,095 cash to close. Return on cash invested measures 25.69% in year one, and rental yield registers 9.26% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 133.78% and total cumulative return in cash totals $57,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,003/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniell L Barton • Coldwell Banker Smith Home Rltrs-Gautier
Mls Name: MLS United
Mls ID: #4135142