1021 Magnolia StOcean SpringsMS39564








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Nearby investment properties with comparable prices

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
Investment property for sale in Ocean Springs at 1021 Magnolia St, Ocean Springs, MS, 39564 with 5% annual appreciation on a $189,000 basis while $1,429/mo rent supports operations. Total monthly income totals $1,429/mo and a $925/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,270/yr on $62,654 deployed, and return on cash invested reaches 25.13% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 9.07%. Five-year ROI measures 130.77% and total cumulative return in cash totals $81,934.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,429/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Kimberlee E Williams • RE/MAX Real Estate Partners
Mls Name: MLS United
Mls ID: #4100551
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.







