8516 Julia DrVancleaveMS39565
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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
Investment property for sale in Vancleave at 8516 Julia Dr, Vancleave, MS, 39565 offers a 7.6% rental yield on a $599,000 purchase with $3,792/mo rent. Total monthly income registers $3,792/mo, and a $2,932/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,325/yr on $197,071 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 107.17% and total cumulative return in cash at $211,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,792/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
1.65 Acres lot
$N/A/sqft
$190 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
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Nearby investment properties with comparable prices
Listed by: Rachel A Espinoza • Coldwell Banker Alfonso Realty-OS-B/O
Mls Name: MLS United
Mls ID: #4085826
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.