1024 Walnut 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
Rental property for sale in Ocean Springs at 1024 Walnut St, Ocean Springs, MS, 39564 priced at $262,900 converts $1,686/mo rent into $77/mo cash flow after a $1,287/mo obligation. Total monthly income equals $1,686/mo, and annual cash flow totals $923/yr on $87,151 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 7.7% against a $262,900 entry. Equity gained on principal adds $1,696/yr, while 5% annual appreciation compiles into $72,634 by year five. Five-year ROI reaches 108.42% and total cumulative return in cash sums $94,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,686/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.77 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Alain Harpin • Southern Way Realty
Mls Name: MLS United
Mls ID: #4111066
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.








