1020 Gannet Ln, Ocean Springs, MS, 39564 | $203/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 1020 Gannet Ln, Ocean Springs, MS, 39564 offers a 8.05% rental yield on a $379,900 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $1,859/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,432/yr on $125,937 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 113.18% and total cumulative return in cash at $142,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2019

0.27 Acres lot

$N/A/sqft

$275 annually HOA