941 Diaz AveBiloxiMS39530
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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 941 Diaz Ave, Biloxi, MS, 39530 priced at $217,500 pairs $1,526/mo rent with $195/mo cash flow after a $1,065/mo payment. Total monthly income equals $1,526/mo, and annual cash flow comes to $2,335/yr on $72,101 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.42% on a $217,500 basis. Equity gained on principal adds $1,403/yr, and 5% annual appreciation accumulates to $60,091 by year five. Five-year ROI measures 120.14% and total cumulative return in cash reaches $86,622. For financing, Ziffy Mortgage’s DSCR program evaluates $1,526/mo property income against a $1,065/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39530, Biloxi, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,570 (100%) |
| Owner Occupied HU | 1,859 (40.7%) |
| Renter Occupied HU | 1,890 (41.4%) |
| Vacant Housing Units | 821 (18.0%) |
| Median Home Value | $184,217 |
| Average Home Value | $250,336 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,432
Multi-Family
527
Businesses
526
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Listed by: Caty Mahoney Hulett • Century 21 J. Carter & Company
Mls Name: MLS United
Mls ID: #4087819
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.