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$241,900

For Sale - Active
10566 W River Vue, Biloxi, MS 39532
4 Beds
2 Baths
0 Square Feet
0.38 Acres Lot
Built in 1997
For Sale - Active
Units n/a
Checked: 7 hours ago
Updated: Sep 27, 2025 at 10:05AM

Investment Summary


Monthly Cash Flow
$226
Cap Rate
6.8%
Cash-on-Cash Return
4.9%
Debt Coverage Ratio
1.20
Internal Rate of Return (5 years)
8.7%

Property Description


0.38 Acres Lot
Built in 1997
For Sale - Active
Units n/a

Welcome Home! This 4BR/2BA home is your dream retreat! It offers the perfect blend of comfort, style, and functionality. Nestled in a peaceful setting with serene water views, this property features two generous living areas ideal for entertaining or relaxing with family. Enjoy cooking in the modern kitchen equipped with stunning granite countertops and stainless steel appliances, and unwind in front of the cozy fireplace on cool evenings. Step outside to a large screened-in deck — the perfect spot to enjoy morning coffee or evening sunsets without the bugs. It's been screened underneath and reinforced to support a hot tub! Additional highlights include a 2-car garage, a thoughtfully designed layout with ample storage, large windows, and more! Whether you're hosting gatherings or simply enjoying the peaceful surroundings, this home offers something for everyone. Agent/Owned.

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Location


Property Details


Parking

  • Description: Garage, Garage Door Opener
  • Details: Driveway, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Roof Type: Hip
  • Roof Material: Asphalt, Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1009A02001.049
  • Lot Size: 16552 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1997

Tax Information

  • Annual Tax: $1,763

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Harrison

Listing Details


Listed by:
Michael A Beech
1401 Realty Group
(228) 257-1771

Source:
MLS United
MLS#: 4117941
MLS United

Investment Summary


Monthly Cash Flow
$226
Cap Rate
6.8%
Cash-on-Cash Return
4.9%
Debt Coverage Ratio
1.20
Internal Rate of Return (5 years)
8.7%

Purchase Details

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Purchase price:
$241,900
Amount financed:
-$193,520
Down payment:
$48,380
Closing costs:
$7,257
Rehab costs:
$0
Initial cash invested:
$55,637
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$193,520
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,145
Property tax:
$147
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,446

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$147-$1,763
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (32%)
32%-$697-$8,363

Cash Flow


Monthly Yearly
Net operating income:
$1,371 $16,452
Mortgage payments:
-$1,145 -$13,740
Cash flow:
$226 $2,712