7115 Jim Ramsay RdVancleaveMS39565
Nearby investment properties with comparable rents
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 Vancleave at 7115 Jim Ramsay Rd, Vancleave, MS, 39565 uses $182,595 cash to close to unlock $10,393/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $4,262/mo, and a $2,716/mo payment keeps the spread at $866/mo. Purchase price stands at $555,000, and rental yield measures 9.22% with $4,262/mo rent. Return on cash invested shows 25.75% in year one, and 5% annual appreciation builds toward $153,336 over five years. Five-year ROI reaches 134.07% and total cumulative return in cash records $244,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,262/mo property income covering a $2,716/mo payment rather than investor’s personal income.
Single Family
Built in 2010
7.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Fuller • Bayou Bliss Realty
Mls Name: MLS United
Mls ID: #4099840
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.