6473 Florence RdBiloxiMS39532
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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
Rental property for sale in Biloxi at 6473 Florence Rd, Biloxi, MS, 39532 offers $2,228/mo rent that, after a $1,015/mo payment, leaves $959/mo cash flow. Total monthly income is $2,228/mo, and annual cash flow is $11,509/yr on $68,720 cash. Return on cash invested measures 36.66% in year one, and rental yield stands at 12.9% at a $207,300 entry. Equity gained on principal adds $1,338/yr while 5% annual appreciation compounds into $57,273 by year five. Five-year ROI records 192.64% and total cumulative return in cash reaches $132,380. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,228/mo property income versus a $1,015/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A