2559 River Place BlvdBiloxiMS39531
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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 Biloxi at 2559 River Place Blvd, Biloxi, MS, 39531 priced at $425,000 converts $2,360/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,360/mo. Return on cash invested prints 17.72% in year one, and rental yield reads 6.66% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 91.05% and total cumulative return in cash sums $128,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,360/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.26 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39531, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,384 (100%) |
| Owner Occupied HU | 3,237 (31.2%) |
| Renter Occupied HU | 5,546 (53.4%) |
| Vacant Housing Units | 1,601 (15.4%) |
| Median Home Value | $243,911 |
| Average Home Value | $297,810 |
Housing Distribution
Address Breakdown
Residential
9,357
Single Family
6,023
Multi-Family
3,334
Businesses
660
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Listed by: David L Blaine • Blaine & Co., LLC
Mls Name: MLS United
Mls ID: #4111388
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.