468 Thomas StBay Saint LouisMS39520
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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 Bay Saint Louis at 468 Thomas St, Bay Saint Louis, MS, 39520 uses $92,489 cash to close to unlock $1,803/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $1,366/mo payment keeps the spread at $150/mo. Purchase price stands at $279,000, and rental yield measures 7.99% with $1,858/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 113.24% and total cumulative return in cash records $104,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,122 (100%) |
| Owner Occupied HU | 4,375 (53.9%) |
| Renter Occupied HU | 2,157 (26.6%) |
| Vacant Housing Units | 1,590 (19.6%) |
| Median Home Value | $228,185 |
| Average Home Value | $286,488 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
6,410
Multi-Family
637
Businesses
492
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Listed by: Norman Tyner • Best Choice Realty, Inc.
Mls Name: MLS United
Mls ID: #4121195
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.