6208 Emerald Lake DrBiloxiMS39532
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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 Biloxi at 6208 Emerald Lake Dr, Biloxi, MS, 39532 earns from $1,768/mo rent with a $1,743/mo payment. Total monthly income totals $1,768/mo. ROI tracks 15.73% on current figures, and rental yield reads 5.96% at a $356,050 purchase. Equity gained on principal adds $2,298/yr, and 5% annual appreciation supports $98,370 over five years. Five-year ROI reaches 80.33% and total cumulative return in cash sums $94,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Single Family
Built in 2019
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39532, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,017 (100%) |
| Owner Occupied HU | 9,809 (61.2%) |
| Renter Occupied HU | 5,072 (31.7%) |
| Vacant Housing Units | 1,136 ( 7.1%) |
| Median Home Value | $274,646 |
| Average Home Value | $326,970 |
Housing Distribution
Address Breakdown
Residential
15,395
Single Family
13,067
Multi-Family
2,328
Businesses
575
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Listed by: Tim Ridley • Adams Homes, L.L.C.
Mls Name: MLS United
Mls ID: #4135765