281 Dorries StBiloxiMS39530
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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
Investment property for sale in Biloxi at 281 Dorries St, Biloxi, MS, 39530 offers a 9.19% rental yield on a $147,000 purchase with $1,126/mo rent. Total monthly income registers $1,126/mo, and a $719/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,369/yr on $48,731 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 129.11% and total cumulative return in cash at $62,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,126/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
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Listed by: Stephanie Hayman • Coldwell Banker Alfonso Realty-BIL
Mls Name: MLS United
Mls ID: #4106477
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.