119 Harper Grove Cir,Ocean Springs,MS,39564

Investment Highlights

Rental property for sale in Ocean Springs at 119 Harper Grove Cir, Ocean Springs, MS, 39564 priced at $279,900 pairs $2,160/mo rent with $447/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $5,365/yr on $92,787 invested. Return on cash invested is 25.69% in year one, and rental yield stands at 9.26% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 133.82% and total cumulative return in cash reaches $124,165. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.