1210 Merritt Ln, Ocean Springs, MS, 39564 | $1,145/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Springs at 1210 Merritt Ln, Ocean Springs, MS, 39564 generates $3,060/mo in rent and, after a $1,532/mo payment, leaves $1,145/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $13,735/yr on $103,759 invested. Return on cash invested sits at 33.15% in year one, and rental yield is 11.73% on a $312,999 entry. Equity gained on principal adds $2,020/yr, while 5% annual appreciation builds toward $86,476 over five years. Five-year ROI reaches 173.75% and total cumulative return in cash sums $180,277. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

0.59 Acres lot

$N/A/sqft

No HOA