2617 State StGautierMS39553
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 Gautier at 2617 State St, Gautier, MS, 39553 offers a 9.55% rental yield on a $175,000 purchase with $1,393/mo rent. Total monthly income registers $1,393/mo, and a $857/mo payment leaves $322/mo available for distribution. Annual cash flow reaches $3,859/yr on $58,013 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 138.44% and total cumulative return in cash at $80,311. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10,454 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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Listed by: Mariela L Goodman • Coldwell Banker Alfonso Realty-OS-B/O
Mls Name: MLS United
Mls ID: #4133503