862 Ahoy Dr #CZ1IGEBiloxiMS39532
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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 Biloxi at 862 Ahoy Dr #CZ1IGE, Biloxi, MS, 39532 offers a 9.69% rental yield on a $317,300 purchase with $2,561/mo rent. Total monthly income registers $2,561/mo, and a $1,553/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,432/yr on $105,185 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $2,047/yr while 5% annual appreciation supports $87,664 over five years. Portfolio math shows five-year ROI at 140.66% and total cumulative return in cash at $147,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,561/mo property income against a $1,553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A