1204 Hillcrest Dr,Ocean Springs,MS,39564

Investment Highlights

Rental property for sale in Ocean Springs at 1204 Hillcrest Dr, Ocean Springs, MS, 39564 generates $5,923/mo in rent and, after a $4,650/mo payment, leaves $109/mo in cash flow. Total monthly income is $5,923/mo, and annual cash flow is $1,311/yr on $312,550 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 7.48% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash sums $330,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,923/mo property income rather than buyer’s personal income.