4031 Spruce StMoss PointMS39563
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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
Investment property for sale in Moss Point at 4031 Spruce St, Moss Point, MS, 39563 uses $33,150 cash to close to unlock $1,938/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $773/mo, and a $489/mo payment keeps the spread at $162/mo. Purchase price stands at $100,000, and rental yield measures 9.28% with $773/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 134.17% and total cumulative return in cash records $44,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $773/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.39 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: Marenda Harper • Harper Realty, LLC.
Mls Name: MLS United
Mls ID: #4097401
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.