1020 Pelican Cv, Ocean Springs, MS, 39564 | $522/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 1 more

3 Bed
2 Bath
1285 sft

492 Weaver Ave, Gulfport, MS, 39507

3 Bed
2 Bath
1448 sft

1605 S 2nd St, Ocean Springs, MS, 39564

3 Bed
2 Bath
1925 sft

17054 Palm Ridge Dr, Diberville, MS, 39540

3 Bed
2 Bath
1600 sft

10601 W River Vue, Biloxi, MS, 39532

Nearby investment properties with comparable prices

3 Bed
2 Bath
2075 sft

833 Heron Cv, Biloxi, MS, 39532

Investment Property+ 3 more

3 Bed
2 Bath
1539 sft

1817 Pascagoula River Rd, Moss Point, MS, 39562

3 Bed
2 Bath
1710 sft

13217 W Jackson Lee Dr, Ocean Springs, MS, 39564

3 Bed
2 Bath
1697 sft

1528 Barracuda Dr, Gautier, MS, 39553

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Ocean Springs at 1020 Pelican Cv, Ocean Springs, MS, 39564 priced at $321,000 pairs $2,492/mo rent with $522/mo cash flow after a $1,571/mo payment. Total monthly income equals $2,492/mo, and annual cash flow comes to $6,268/yr on $106,412 invested. Return on cash invested is 25.8% in year one, and rental yield stands at 9.32% on a $321,000 basis. Equity gained on principal adds $2,071/yr, and 5% annual appreciation accumulates to $88,686 by year five. Five-year ROI measures 134.38% and total cumulative return in cash reaches $142,997. For financing, Ziffy Mortgage’s DSCR program evaluates $2,492/mo property income against a $1,571/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2014

0.27 Acres lot

$N/A/sqft

$65 annually HOA