12052 Michael Grace Dr,Gulfport,MS,39503

Investment Highlights

Investment property for sale in Gulfport at 12052 Michael Grace Dr, Gulfport, MS, 39503 listed at $415,000 pairs $3,150/mo rent with a $2,031/mo payment to leave $611/mo cash flow. Total monthly income runs $3,150/mo, and annual cash flow reaches $7,327/yr on $137,573 cash to close. Return on cash invested measures 25.24% in year one, and rental yield registers 9.11% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 131.31% and total cumulative return in cash totals $180,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,150/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).