4 Chimney CrossLong BeachMS39560
Nearby investment properties with comparable rents
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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 Long Beach at 4 Chimney Cross, Long Beach, MS, 39560 priced at $400,000 converts $3,116/mo rent into $565/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,116/mo, and annual cash flow totals $6,784/yr on $132,600 invested. Return on cash invested prints 25.03% in year one, and rental yield reads 9.35% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 130.55% and total cumulative return in cash sums $173,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,116/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1966
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
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Listed by: Cecilia N Patricks • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4107493
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.