13140 Hanover Dr, Ocean Springs, MS, 39564 | $140/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 13140 Hanover Dr, Ocean Springs, MS, 39564 offers a 7.79% rental yield on a $375,000 purchase with $2,434/mo rent. Total monthly income registers $2,434/mo, and a $1,835/mo payment leaves $140/mo available for distribution. Annual cash flow reaches $1,675/yr on $124,313 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 109.98% and total cumulative return in cash at $136,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,434/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

0.43 Acres lot

$N/A/sqft

No HOA