3647 Cumberland DrMoss 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 3647 Cumberland Dr, Moss Point, MS, 39563 priced at $218,500 converts $2,051/mo rent into $679/mo cash flow after a $1,069/mo obligation. Total monthly income equals $2,051/mo, and annual cash flow totals $8,150/yr on $72,433 invested. Return on cash invested prints 31.16% in year one, and rental yield reads 11.26% against a $218,500 entry. Equity gained on principal adds $1,410/yr, while 5% annual appreciation compiles into $60,368 by year five. Five-year ROI reaches 163.36% and total cumulative return in cash sums $118,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,051/mo property income covering a $1,069/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.35 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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Nearby investment properties with comparable prices
Listed by: Heather Tumlinson • RE/MAX Real Estate Partners
Mls Name: MLS United
Mls ID: #4099695
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.