115 Spanish Cove Dr, Ocean Springs, MS, 39564 | $562/mo Cash Flow

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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 115 Spanish Cove Dr, Ocean Springs, MS, 39564 earns $562/mo cash flow from $2,682/mo rent with a $1,664/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $6,742/yr on $112,710 capital. ROI tracks 25.89% on current figures, and rental yield reads 9.47% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 134.99% and total cumulative return in cash sums $152,142. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.

Single Family

Built in 2020

9,147 sqft lot

$N/A/sqft

No HOA