713 Champagne 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
Rental property for sale in Biloxi at 713 Champagne Dr, Biloxi, MS, 39532 offers $2,726/mo rent that, after a $2,100/mo payment. Total monthly income is $2,726/mo. Return on cash invested measures 19.5% in year one, and rental yield stands at 7.63% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 101.01% and total cumulative return in cash reaches $143,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,726/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
9,583 sqft 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: Cameron C Bell • Cameron Bell Properties, Inc.
Mls Name: MLS United
Mls ID: #4099056
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.