7517 Madison 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
Investment property for sale in Biloxi at 7517 Madison Dr, Biloxi, MS, 39532 uses $34,808 cash to close to unlock $2,380/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $841/mo, and a $514/mo payment keeps the spread at $198/mo. Purchase price stands at $105,000, and rental yield measures 9.61% with $841/mo rent. Return on cash invested shows 26.75% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 139.49% and total cumulative return in cash records $48,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1969
8,276 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: Caty Mahoney Hulett • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4134790