2417 Kelly Ave,Gulfport,MS,39501

Investment Highlights

Investment property for sale in Gulfport at 2417 Kelly Ave, Gulfport, MS, 39501 listed at $160,000 pairs $1,208/mo rent with a $783/mo payment to leave $182/mo cash flow. Total monthly income runs $1,208/mo, and annual cash flow reaches $2,188/yr on $53,040 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 9.06% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 125.3% and total cumulative return in cash totals $66,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,208/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).