617 Forest Ave, Long Beach, MS, 39560 | $550/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 Long Beach at 617 Forest Ave, Long Beach, MS, 39560 offers a 10.41% rental yield on a $215,000 purchase with $1,865/mo rent. Total monthly income registers $1,865/mo, and a $1,052/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,596/yr on $71,273 to close, and return on cash invested stands at 29.16% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 152.39% and total cumulative return in cash at $108,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

10,454 sqft 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