515 3rd St APT 5ABay 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 515 3rd St APT 5A, Bay Saint Louis, MS, 39520 earns $625/mo cash flow from $1,688/mo rent with a $838/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $7,499/yr on $56,753 capital. ROI tracks 33.12% on current figures, and rental yield reads 11.83% at a $171,200 purchase. Equity gained on principal adds $1,105/yr, and 5% annual appreciation supports $47,299 over five years. Five-year ROI reaches 173.73% and total cumulative return in cash sums $98,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Condo
Built in N/A
N/A 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: N/A • N/A
Mls Name: GSREIN
Mls ID: #2472713