13012 Hanover Dr, Ocean Springs, MS, 39564 | $649/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 13012 Hanover Dr, Ocean Springs, MS, 39564 offers a 11.24% rental yield on a $200,000 purchase with $1,873/mo rent. Total monthly income registers $1,873/mo, and a $979/mo payment leaves $649/mo available for distribution. Annual cash flow reaches $7,788/yr on $66,300 to close, and return on cash invested stands at 31.66% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 165.73% and total cumulative return in cash at $109,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,873/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

0.42 Acres lot

$N/A/sqft

No HOA