6800 Riviera 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 6800 Riviera Dr, Biloxi, MS, 39532 offers a 9.21% rental yield on a $368,500 purchase with $2,828/mo rent. Total monthly income registers $2,828/mo, and a $1,804/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,871/yr on $122,158 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $2,378/yr while 5% annual appreciation supports $101,810 over five years. Portfolio math shows five-year ROI at 132.91% and total cumulative return in cash at $162,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,828/mo property income against a $1,804/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
2.28 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: Crystal C Boggs • NextHome HomeFront
Mls Name: MLS United
Mls ID: #4135619