5916 Morning Side DrVancleaveMS39565
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 Vancleave at 5916 Morning Side Dr, Vancleave, MS, 39565 at $390,000 posts ROI 23.04% with $337/mo cash flow from $2,724/mo rent. Total monthly income equals $2,724/mo, and annual cash flow records $4,047/yr on $129,285 to close. Return on cash invested measures 23.04% and rental yield reads 8.38% at the current $390,000. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 by year five. Five-year ROI prints 119.56% and total cumulative return in cash totals $154,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
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Nearby investment properties with comparable prices
Listed by: Crystal C Boggs • NextHome HomeFront
Mls Name: MLS United
Mls ID: #4093197
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.