3609 Washington AveGulfportMS39507
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
Rental property for sale in Gulfport at 3609 Washington Ave, Gulfport, MS, 39507 generates $877/mo in rent and, after a $568/mo payment, leaves $167/mo in cash flow. Total monthly income is $877/mo, and annual cash flow is $2,003/yr on $38,454 invested. Return on cash invested sits at 25.12% in year one, and rental yield is 9.07% on a $116,000 entry. Equity gained on principal adds $749/yr, while 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 130.66% and total cumulative return in cash sums $50,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $877/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ty Doss • All Star Veterans Realty
Mls Name: MLS United
Mls ID: #4133892