114 Ethel Cir #40, Ocean Springs, MS, 39564 | $344/mo Cash Flow

For Sale

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

Rental property for sale in Ocean Springs at 114 Ethel Cir #40, Ocean Springs, MS, 39564 generates $1,835/mo in rent and, after a $918/mo payment, leaves $344/mo in cash flow. Total monthly income is $1,835/mo, and annual cash flow is $4,132/yr on $62,156 invested. Return on cash invested sits at 26.56% in year one, and rental yield is 11.74% on a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation builds toward $51,803 over five years. Five-year ROI reaches 140.85% and total cumulative return in cash sums $87,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,835/mo property income rather than buyer’s personal income.

Condo

Built in 1969

N/A lot

$N/A/sqft

$343 monthly HOA