11408 Harrison Ct,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 11408 Harrison Ct, Ocean Springs, MS, 39564 listed at $381,325 pairs $2,998/mo rent with a $1,866/mo payment to leave $665/mo cash flow. Total monthly income runs $2,998/mo, and annual cash flow reaches $7,978/yr on $126,409 cash to close. Return on cash invested measures 26.22% in year one, and rental yield registers 9.43% at a $381,325 basis. Equity gained on principal adds $2,461/yr, and annual property appreciation at 5% supports $105,353 by year five. Five-year ROI tracks 136.59% and total cumulative return in cash totals $172,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,998/mo property income relative to a $1,866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).