604 E 5th StLong 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 604 E 5th St, Long Beach, MS, 39560 uses $43,062 cash to close to unlock $2,482/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $636/mo payment keeps the spread at $207/mo. Purchase price stands at $129,900, and rental yield measures 9.26% with $1,002/mo rent. Return on cash invested shows 25.67% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 133.67% and total cumulative return in cash records $57,559. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.34 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: James A. Marble • EXIT COASTAL GATEWAY REALTY
Mls Name: EXIT Realty broker feed
Mls ID: #4094338