907 Motsie Rd #18BiloxiMS39532
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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 907 Motsie Rd #18, Biloxi, MS, 39532 uses $66,297 cash to close to unlock $1,152/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $979/mo payment keeps the spread at $96/mo. Purchase price stands at $199,990, and rental yield measures 9.03% with $1,505/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $55,254 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash records $75,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
$2,220 annually 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: Chadana Davis • New Home Star Mississippi
Mls Name: MLS United
Mls ID: #4097062
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.