742 Destiny Plantation BlvdBiloxiMS39532
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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 742 Destiny Plantation Blvd, Biloxi, MS, 39532 priced at $1,350,000 converts $4,054/mo rent into after a $6,608/mo obligation. Total monthly income equals $4,054/mo. Return on cash invested prints 8.83% in year one, and rental yield reads 3.6% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 43.22% and total cumulative return in cash sums $189,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,054/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.83 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: Joseph Capuano • Blackstone Realty, LLC
Mls Name: MLS United
Mls ID: #4081244