1200 Carraway Cv, Ocean Springs, MS, 39564 | $738/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

Rental property for sale in Ocean Springs at 1200 Carraway Cv, Ocean Springs, MS, 39564 offers $3,239/mo rent that, after a $1,982/mo payment, leaves $738/mo cash flow. Total monthly income is $3,239/mo, and annual cash flow is $8,857/yr on $134,224 cash. Return on cash invested measures 26.51% in year one, and rental yield stands at 9.6% at a $404,900 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,866 by year five. Five-year ROI records 138.24% and total cumulative return in cash reaches $185,550. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,239/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2018

0.27 Acres lot

$N/A/sqft

$275 annually HOA