820 Lackland Dr, Biloxi, MS, 39532 | $630/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Biloxi at 820 Lackland Dr, Biloxi, MS, 39532 offers $1,970/mo rent that, after a $1,072/mo payment, leaves $630/mo cash flow. Total monthly income is $1,970/mo, and annual cash flow is $7,557/yr on $72,599 cash. Return on cash invested measures 30.32% in year one, and rental yield stands at 10.79% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 158.58% and total cumulative return in cash reaches $115,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,970/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

0.28 Acres 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