7637 Lexington DrBiloxiMS39532
Nearby investment properties with comparable rents
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
Rental property for sale in Biloxi at 7637 Lexington Dr, Biloxi, MS, 39532 priced at $201,500 pairs $2,131/mo rent with $898/mo cash flow after a $986/mo payment. Total monthly income equals $2,131/mo, and annual cash flow comes to $10,778/yr on $66,797 invested. Return on cash invested is 36.04% in year one, and rental yield stands at 12.69% on a $201,500 basis. Equity gained on principal adds $1,300/yr, and 5% annual appreciation accumulates to $55,671 by year five. Five-year ROI measures 189.35% and total cumulative return in cash reaches $126,479. For financing, Ziffy Mortgage’s DSCR program evaluates $2,131/mo property income against a $986/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A