6209 Diamond Ln, Biloxi, MS, 39532 | $423/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 Biloxi at 6209 Diamond Ln, Biloxi, MS, 39532 with 5% annual appreciation on a $378,660 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,853/mo payment preserves $423/mo for cash returns. Annual cash flow comes to $5,078/yr on $125,526 deployed, and return on cash invested reaches 23.95% in year one. Equity gained on principal adds $2,443/yr, and five-year appreciation sums $104,617 alongside rental yield of 8.75%. Five-year ROI measures 124.54% and total cumulative return in cash totals $156,336.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,853/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

10,454 sqft lot

$N/A/sqft

$240 annually 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