534 N Forest DrGulfportMS39507
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 534 N Forest Dr, Gulfport, MS, 39507 at $139,000 posts ROI 32.44% with $481/mo cash flow from $1,360/mo rent. Total monthly income equals $1,360/mo, and annual cash flow records $5,773/yr on $46,079 to close. Return on cash invested measures 32.44% and rental yield reads 11.74% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 170.34% and total cumulative return in cash totals $78,488.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
9,583 sqft 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: Philip J Leblanc • Coldwell Banker Alfonso Realty-Lorraine Rd
Mls Name: MLS United
Mls ID: #4094109
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.