1204 Londonderry Ln,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 1204 Londonderry Ln, Ocean Springs, MS, 39564 listed at $234,900 pairs $2,286/mo rent with a $1,150/mo payment to leave $848/mo cash flow. Total monthly income runs $2,286/mo, and annual cash flow reaches $10,179/yr on $77,869 cash to close. Return on cash invested measures 32.98% in year one, and rental yield registers 11.68% at a $234,900 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,899 by year five. Five-year ROI tracks 172.9% and total cumulative return in cash totals $134,637. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,286/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).