9700 Wire RdVancleaveMS39565
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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
Total monthly income runs $1,540/mo, and a $1,268/mo payment. Purchase price stands at $259,000, and rental yield measures 7.14% with $1,540/mo rent. Return on cash invested shows 19.28% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 99.36% and total cumulative return in cash records $85,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1960
4 Acres lot
$N/A/sqft
No 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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Listed by: William Mitchell • Blackwater Realty
Mls Name: MLS United
Mls ID: #4093494
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.