12023 Michael Grace Dr,Gulfport,MS,39503

Investment Highlights

Investment property for sale in Gulfport at 12023 Michael Grace Dr, Gulfport, MS, 39503 offers a 8.13% rental yield on a $382,500 purchase with $2,592/mo rent. Total monthly income registers $2,592/mo, and a $1,872/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,090/yr on $126,799 to close, and return on cash invested stands at 21.56% in year one. Equity gained on principal adds $2,468/yr while 5% annual appreciation supports $105,678 over five years. Portfolio math shows five-year ROI at 111.89% and total cumulative return in cash at $141,870. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,592/mo property income against a $1,872/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.