13569 Garl Garland Rd,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 13569 Garl Garland Rd, Ocean Springs, MS, 39564 listed at $474,990 pairs $2,965/mo rent with a $2,325/mo payment to leave $58/mo cash flow. Total monthly income runs $2,965/mo, and annual cash flow reaches $698/yr on $157,459 cash to close. Return on cash invested measures 20.35% in year one, and rental yield registers 7.49% at a $474,990 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,231 by year five. Five-year ROI tracks 105.14% and total cumulative return in cash totals $165,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,965/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).