7842 Hancock DrBay 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 7842 Hancock Dr, Bay Saint Louis, MS, 39520 earns $153/mo cash flow from $851/mo rent with a $538/mo payment. Total monthly income totals $851/mo, and annual cash flow totals $1,830/yr on $36,465 capital. ROI tracks 24.93% on current figures, and rental yield reads 9.28% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 130.09% and total cumulative return in cash sums $47,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $851/mo property income instead of your personal income.
Single Family
Built in 1983
0.51 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: Brittney A Perkins • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4093987
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.