9736 W Oaklawn RdBiloxiMS39532
Nearby investment properties with comparable rents
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
Rental property for sale in Biloxi at 9736 W Oaklawn Rd, Biloxi, MS, 39532 generates $2,220/mo in rent and, after a $1,312/mo payment, leaves $546/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $6,557/yr on $88,839 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 9.94% on a $267,990 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,041 over five years. Five-year ROI reaches 142.53% and total cumulative return in cash sums $126,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
$400 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: Mitzi L Doughman • New Home Star Mississippi
Mls Name: MLS United
Mls ID: #4090786
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.