817 39th Ave,Gulfport,MS,39501

Investment Highlights

Investment property for sale in Gulfport at 817 39th Ave, Gulfport, MS, 39501 offers a 10.1% rental yield on a $234,911 purchase with $1,978/mo rent. Total monthly income registers $1,978/mo, and a $1,150/mo payment leaves $540/mo available for distribution. Annual cash flow reaches $6,483/yr on $77,873 to close, and return on cash invested stands at 28.23% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,902 over five years. Portfolio math shows five-year ROI at 147.44% and total cumulative return in cash at $114,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,978/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.