748 Malpass Landing 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 748 Malpass Landing Dr, Biloxi, MS, 39532 generates $3,314/mo in rent and, after a $2,276/mo payment, leaves $468/mo in cash flow. Total monthly income is $3,314/mo, and annual cash flow is $5,620/yr on $154,148 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 8.55% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 122.31% and total cumulative return in cash sums $188,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,314/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
9,147 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: Steven Stafford • Expect Realty
Mls Name: MLS United
Mls ID: #4128493