1114 E Cherokee GlnOcean 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 1114 E Cherokee Gln, Ocean Springs, MS, 39564 priced at $627,000 converts $2,340/mo rent into after a $3,069/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints 11.35% in year one, and rental yield reads 4.48% against a $627,000 entry. Equity gained on principal adds $4,046/yr, while 5% annual appreciation compiles into $173,229 by year five. Five-year ROI reaches 56.82% and total cumulative return in cash sums $117,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $3,069/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Stephanie Y Ables-Waldrop • Ree Frazier Realty
Mls Name: MLS United
Mls ID: #4099513
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.








