11709 Wakeland Ct,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 11709 Wakeland Ct, Ocean Springs, MS, 39564 offers a 9.52% rental yield on a $377,800 purchase with $2,998/mo rent. Total monthly income registers $2,998/mo, and a $1,849/mo payment leaves $653/mo available for distribution. Annual cash flow reaches $7,834/yr on $125,241 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $2,438/yr while 5% annual appreciation supports $104,379 over five years. Portfolio math shows five-year ROI at 136.41% and total cumulative return in cash at $170,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,998/mo property income against a $1,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.