2501 Gulf Ave APT 1GulfportMS39501
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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 Gulfport at 2501 Gulf Ave APT 1, Gulfport, MS, 39501 generates $1,615/mo in rent and, after a $808/mo payment, leaves $155/mo in cash flow. Total monthly income is $1,615/mo, and annual cash flow is $1,858/yr on $54,698 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 11.75% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash sums $68,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,615/mo property income rather than buyer’s personal income.
Condo
Built in 1975
5.22 Acres lot
$N/A/sqft
$450 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Carol L Henderson • Keller Williams
Mls Name: MLS United
Mls ID: #4079348
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.