827 Carolee CirBiloxiMS39532
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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
Rental property for sale in Biloxi at 827 Carolee Cir, Biloxi, MS, 39532 priced at $179,000 pairs $1,350/mo rent with $255/mo cash flow after a $876/mo payment. Total monthly income equals $1,350/mo, and annual cash flow comes to $3,057/yr on $59,339 invested. Return on cash invested is 25.06% in year one, and rental yield stands at 9.05% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 130.38% and total cumulative return in cash reaches $77,367. For financing, Ziffy Mortgage’s DSCR program evaluates $1,350/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
9,583 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: Marissa H Senter • Elevate
Mls Name: MLS United
Mls ID: #4119556
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.