6055 Jim Ramsay RdVancleaveMS39565
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
Rental property for sale in Vancleave at 6055 Jim Ramsay Rd, Vancleave, MS, 39565 priced at $127,500 pairs $962/mo rent with $182/mo cash flow after a $624/mo payment. Total monthly income equals $962/mo, and annual cash flow comes to $2,182/yr on $42,266 invested. Return on cash invested is 25.07% in year one, and rental yield stands at 9.05% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 130.48% and total cumulative return in cash reaches $55,150. For financing, Ziffy Mortgage’s DSCR program evaluates $962/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2017
0.55 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: Alexis Burrell • Coldwell Banker Smith Home Rltrs-OS
Mls Name: MLS United
Mls ID: #4098038
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.