643 Michelle DrBiloxiMS39532
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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
Investment property for sale in Biloxi at 643 Michelle Dr, Biloxi, MS, 39532 at $168,900 posts ROI 37.72% with $831/mo cash flow from $1,865/mo rent. Total monthly income equals $1,865/mo, and annual cash flow records $9,973/yr on $55,990 to close. Return on cash invested measures 37.72% and rental yield reads 13.25% at the current $168,900. Equity gained on principal adds $1,090/yr, and 5% annual appreciation supports $46,664 by year five. Five-year ROI prints 198.36% and total cumulative return in cash totals $111,060.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.39 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: Justine Salas • NextHome Homefront (BOF)
Mls Name: MLS United
Mls ID: #4118250