6717 Martinique 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 6717 Martinique Dr, Biloxi, MS, 39532 with 5% annual appreciation on a $425,000 basis while $4,220/mo rent supports operations. Total monthly income totals $4,220/mo and a $2,080/mo payment preserves $1,619/mo for cash returns. Annual cash flow comes to $19,433/yr on $140,888 deployed, and return on cash invested reaches 33.7% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 11.92%. Five-year ROI measures 176.74% and total cumulative return in cash totals $249,005.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,220/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
0.37 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: Anna V Martin • Fidelis Realty, LLC.
Mls Name: MLS United
Mls ID: #4100406
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.