1211 Bowen 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
Rental property for sale in Ocean Springs at 1211 Bowen Ave, Ocean Springs, MS, 39564 generates $4,368/mo in rent, after a $3,764/mo payment. Total monthly income is $4,368/mo. Return on cash invested sits at 18.46% in year one, and rental yield is 6.82% on a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 94.92% and total cumulative return in cash sums $240,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Roxy Condrey • Rain Residential
Mls Name: MLS United
Mls ID: #4130053