6058 3rd St, Bay saint louis, MS, 39520 | $62/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bay saint louis at 6058 3rd St, Bay saint louis, MS, 39520 offers a 8.06% rental yield on a $255,000 purchase with $1,713/mo rent. Total monthly income registers $1,713/mo, and a $1,248/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $745/yr on $84,533 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 108% and total cumulative return in cash at $91,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,713/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2007

0.39 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,122 (100%)
Owner Occupied HU	4,375 (53.9%)
Renter Occupied HU	2,157 (26.6%)
Vacant Housing Units	1,590 (19.6%)
Median Home Value	$228,185
Average Home Value	$286,488