1220 Carraway Cv, Ocean Springs, MS, 39564 | $907/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

Investment property for sale in Ocean Springs at 1220 Carraway Cv, Ocean Springs, MS, 39564 uses $105,749 cash to close to unlock $10,887/yr annual cash flow and $907/mo monthly cash flow. Total monthly income runs $2,921/mo, and a $1,561/mo payment keeps the spread at $907/mo. Purchase price stands at $319,000, and rental yield measures 10.99% with $2,921/mo rent. Return on cash invested shows 30.2% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 158.24% and total cumulative return in cash records $167,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,921/mo property income covering a $1,561/mo payment rather than investor’s personal income.

Single Family

Built in 2020

0.32 Acres lot

$N/A/sqft

$275 annually HOA