409 Linda DrBiloxiMS39531
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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 Biloxi at 409 Linda Dr, Biloxi, MS, 39531 at $399,000 posts ROI 23.21% with $364/mo cash flow from $2,806/mo rent. Total monthly income equals $2,806/mo, and annual cash flow records $4,371/yr on $132,269 to close. Return on cash invested measures 23.21% and rental yield reads 8.44% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 120.49% and total cumulative return in cash totals $159,374.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,806/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39531, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,384 (100%) |
| Owner Occupied HU | 3,237 (31.2%) |
| Renter Occupied HU | 5,546 (53.4%) |
| Vacant Housing Units | 1,601 (15.4%) |
| Median Home Value | $243,911 |
| Average Home Value | $297,810 |
Housing Distribution
Address Breakdown
Residential
9,357
Single Family
6,023
Multi-Family
3,334
Businesses
660
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Listed by: Jennifer Larson • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4127795