415 Dacey StBiloxiMS39530
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
Investment property for sale in Biloxi at 415 Dacey St, Biloxi, MS, 39530 offers a 9.08% rental yield on a $108,000 purchase with $817/mo rent. Total monthly income registers $817/mo, and a $529/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,868/yr on $35,802 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $697/yr while 5% annual appreciation supports $29,838 over five years. Portfolio math shows five-year ROI at 130.81% and total cumulative return in cash at $46,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $817/mo property income against a $529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katelyn L Spence • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4079970
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.