10318 Patrick Dr,Gulfport,MS,39503

Investment Highlights

Investment property for sale in Gulfport at 10318 Patrick Dr, Gulfport, MS, 39503 offers a 10.84% rental yield on a $315,000 purchase with $2,845/mo rent. Total monthly income registers $2,845/mo, and a $1,542/mo payment leaves $917/mo available for distribution. Annual cash flow reaches $11,005/yr on $104,423 to close, and return on cash invested stands at 30.45% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 159.32% and total cumulative return in cash at $166,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,845/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.