741 Old Spanish TrlBay Saint LouisMS39520
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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 Bay Saint Louis at 741 Old Spanish Trl, Bay Saint Louis, MS, 39520 uses $82,842 cash to close to unlock $2,014/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $1,697/mo, and a $1,223/mo payment keeps the spread at $168/mo. Purchase price stands at $249,900, and rental yield measures 8.15% with $1,697/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.77% and total cumulative return in cash records $95,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,697/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39520, Bay Saint Louis, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,122 (100%) |
| Owner Occupied HU | 4,375 (53.9%) |
| Renter Occupied HU | 2,157 (26.6%) |
| Vacant Housing Units | 1,590 (19.6%) |
| Median Home Value | $228,185 |
| Average Home Value | $286,488 |
Housing Distribution
Address Breakdown
Residential
7,047
Single Family
6,410
Multi-Family
637
Businesses
492
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Listed by: N/A • N/A
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