1204 Porter AveOcean SpringsMS39564
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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
Investment Highlights
Investment property for sale in Ocean Springs at 1204 Porter Ave, Ocean Springs, MS, 39564 earns from $3,294/mo rent with a $3,010/mo payment. Total monthly income totals $3,294/mo. ROI tracks 17.28% on current figures, and rental yield reads 6.43% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 88.6% and total cumulative return in cash sums $179,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,294/mo property income instead of your personal income.
Single Family
Built in 1885
0.38 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Beverly J Burton • Gulf Properties
Mls Name: MLS United
Mls ID: #4118983