1116 Oak St,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 1116 Oak St, Ocean Springs, MS, 39564 listed at $244,900 pairs $2,584/mo rent with a $1,199/mo payment to leave $1,085/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $13,020/yr on $81,184 cash to close. Return on cash invested measures 35.95% in year one, and rental yield registers 12.66% at a $244,900 basis. Equity gained on principal adds $1,580/yr, and annual property appreciation at 5% supports $67,661 by year five. Five-year ROI tracks 188.73% and total cumulative return in cash totals $153,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).