101 High Ridge DrOcean SpringsMS39564
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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 Ocean Springs at 101 High Ridge Dr, Ocean Springs, MS, 39564 generates $4,758/mo in rent, after a $3,915/mo payment. Total monthly income is $4,758/mo. Return on cash invested sits at 19.44% in year one, and rental yield is 7.14% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 100.19% and total cumulative return in cash sums $263,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,758/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
No HOA
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Listed by: Lynn Y Wade • Weichert Rltrs-Gulf Properties
Mls Name: MLS United
Mls ID: #4135113