11816 Smokey Ct, Ocean Springs, MS, 39564 | $975/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

Investment property for sale in Ocean Springs at 11816 Smokey Ct, Ocean Springs, MS, 39564 offers a 10.3% rental yield on a $394,999 purchase with $3,392/mo rent. Total monthly income registers $3,392/mo, and a $1,933/mo payment leaves $975/mo available for distribution. Annual cash flow reaches $11,702/yr on $130,942 to close, and return on cash invested stands at 28.85% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 150.7% and total cumulative return in cash at $197,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,392/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2021

0.52 Acres lot

$N/A/sqft

No HOA