460 Venito 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
Rental property for sale in Biloxi at 460 Venito Dr, Biloxi, MS, 39531 priced at $320,000 converts $2,326/mo rent into $368/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,326/mo, and annual cash flow totals $4,416/yr on $106,080 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 8.72% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 125.06% and total cumulative return in cash sums $132,663. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,326/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.25 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: Heather M Williams • Owen & Co., LLC
Mls Name: MLS United
Mls ID: #4119681