511 E Old Pass RdLong BeachMS39560
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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 Long Beach at 511 E Old Pass Rd, Long Beach, MS, 39560 earns $312/mo cash flow from $1,474/mo rent with a $929/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $3,748/yr on $62,952 capital. ROI tracks 25.86% on current figures, and rental yield reads 9.31% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 134.72% and total cumulative return in cash sums $84,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39560, Long Beach, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,588 (63.1%) |
| Renter Occupied HU | 2,627 (29.7%) |
| Vacant Housing Units | 635 ( 7.2%) |
| Median Home Value | $237,250 |
| Average Home Value | $266,108 |
Housing Distribution
Address Breakdown
Residential
8,410
Single Family
7,413
Multi-Family
997
Businesses
576
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Listed by: Melinda Calhoun • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4122422
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.