3643 La Chene PlMoss PointMS39563
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 Moss Point at 3643 La Chene Pl, Moss Point, MS, 39563 offers $3,104/mo rent that, after a $2,834/mo payment. Total monthly income is $3,104/mo. Return on cash invested measures 17.29% in year one, and rental yield stands at 6.43% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 88.69% and total cumulative return in cash reaches $168,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,104/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39563, Moss Point, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,180 (100%) |
| Owner Occupied HU | 3,808 (61.6%) |
| Renter Occupied HU | 1,505 (24.4%) |
| Vacant Housing Units | 867 (14.0%) |
| Median Home Value | $138,281 |
| Average Home Value | $187,544 |
Housing Distribution
Address Breakdown
Residential
5,229
Single Family
5,155
Multi-Family
74
Businesses
382
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Listed by: Carl A Larosa • Coldwell Banker Alfonso Realty-Lorraine Rd
Mls Name: MLS United
Mls ID: #4093119
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.