398 Southeast AveGulfportMS39507
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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
Rental property for sale in Gulfport at 398 Southeast Ave, Gulfport, MS, 39507 offers $1,316/mo rent that, after a $2,198/mo payment. Total monthly income is $1,316/mo. Return on cash invested measures 8.36% in year one, and rental yield stands at 3.52% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 40.83% and total cumulative return in cash reaches $60,772. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,316/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,840 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
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Nearby investment properties with comparable prices
Listed by: Bradley D Forrest • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4116791
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.