5211 Washington AveGulfportMS39507
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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 Gulfport at 5211 Washington Ave, Gulfport, MS, 39507 with 5% annual appreciation on a $255,000 basis while $2,142/mo rent supports operations. Total monthly income totals $2,142/mo and a $1,248/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,979/yr on $84,533 deployed, and return on cash invested reaches 28.17% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 10.08%. Five-year ROI measures 147.05% and total cumulative return in cash totals $124,304.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,142/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39507, Gulfport, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,264 (100%) |
| Owner Occupied HU | 4,470 (48.3%) |
| Renter Occupied HU | 3,423 (36.9%) |
| Vacant Housing Units | 1,371 (14.8%) |
| Median Home Value | $248,747 |
| Average Home Value | $323,470 |
Housing Distribution
Address Breakdown
Residential
8,954
Single Family
6,550
Multi-Family
2,404
Businesses
645
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Listed by: Jennifer Larson • RE/MAX Results In Real Estate, Inc.
Mls Name: MLS United
Mls ID: #4126154