1005 Loraine St, Ocean Springs, MS, 39564 | $130/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ocean Springs at 1005 Loraine St, Ocean Springs, MS, 39564 offers a 8.09% rental yield on a $209,500 purchase with $1,412/mo rent. Total monthly income registers $1,412/mo, and a $1,025/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,564/yr on $69,449 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 114.87% and total cumulative return in cash at $79,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,412/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.27 Acres lot

$N/A/sqft

No HOA