1131 Oak St, Ocean Springs, MS, 39564 | $321/mo Cash Flow

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ocean Springs at 1131 Oak St, Ocean Springs, MS, 39564 offers a 9.33% rental yield on a $193,900 purchase with $1,508/mo rent. Total monthly income registers $1,508/mo, and a $949/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,858/yr on $64,278 to close, and return on cash invested stands at 25.91% in year one. Equity gained on principal adds $1,251/yr while 5% annual appreciation supports $53,571 over five years. Portfolio math shows five-year ROI at 134.96% and total cumulative return in cash at $86,749. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,508/mo property income against a $949/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2003

0.25 Acres lot

$N/A/sqft

No HOA