724 Herrick AvePascagoulaMS39567
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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
Investment property for sale in Pascagoula at 724 Herrick Ave, Pascagoula, MS, 39567 earns $139/mo cash flow from $1,669/mo rent with a $1,224/mo payment. Total monthly income totals $1,669/mo, and annual cash flow totals $1,665/yr on $82,875 capital. ROI tracks 21.92% on current figures, and rental yield reads 8.01% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 113.52% and total cumulative return in cash sums $94,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,669/mo property income instead of your personal income.
Single Family
Built in 1995
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39567, Pascagoula, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,233 (100%) |
| Owner Occupied HU | 2,621 (50.1%) |
| Renter Occupied HU | 1,836 (35.1%) |
| Vacant Housing Units | 776 (14.8%) |
| Median Home Value | $187,174 |
| Average Home Value | $244,041 |
Housing Distribution
Address Breakdown
Residential
4,567
Single Family
3,838
Multi-Family
729
Businesses
662
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Listed by: Eddie D Sumrell • Haus of Bonaparte Realty, LLC
Mls Name: MLS United
Mls ID: #4119930