315 Main St #DBay Saint LouisMS39520
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 Bay Saint Louis at 315 Main St #D, Bay Saint Louis, MS, 39520 with 5% annual appreciation on a $423,900 basis while $1,898/mo rent supports operations. 08% in year one. Equity gained on principal adds $2,735/yr, and five-year appreciation sums $117,116 alongside rental yield of 5.37%. Five-year ROI measures 46.43% and total cumulative return in cash totals $65,251. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,898/mo property income versus a $2,075/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1945
N/A lot
$N/A/sqft
$572 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,122 (100%) |
| Owner Occupied HU | 4,375 (53.9%) |
| Renter Occupied HU | 2,157 (26.6%) |
| Vacant Housing Units | 1,590 (19.6%) |
| Median Home Value | $228,185 |
| Average Home Value | $286,488 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
6,410
Multi-Family
637
Businesses
492
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shaun McCarthy • O'Dwyer Realty-BSL
Mls Name: MLS United
Mls ID: #4085607
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.