10622 Wren GrvGulfportMS39503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 10622 Wren Grv, Gulfport, MS, 39503 in Gulfport hard to pass up. The 10.03% gross yield on a $288,900 purchase results in $2,416/mo in rent and $619/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.86). Annual cash flow of $7,422, five-year appreciation of $79,818, and $2,661/yr in equity build-up combine for a projected total cumulative return of $149,419.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 10.0% |
| Monthly Cash Flow | $619 | $850 |
City averages based on Gulfport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,416 |
| Total Monthly Debt Service | $1,682 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$350 annually HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 2021
7,405 sqft lot
$N/A/sqft
$350 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jarod Coates • eAgent Gulf Coast
Mls Name: MLS United
Mls ID: #4092406
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.