1508 Deer St, Ocean Springs, MS, 39564 | $627/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

Rental property for sale in Ocean Springs at 1508 Deer St, Ocean Springs, MS, 39564 generates $1,765/mo in rent and, after a $910/mo payment, leaves $627/mo in cash flow. Total monthly income is $1,765/mo, and annual cash flow is $7,526/yr on $61,659 invested. Return on cash invested sits at 32.11% in year one, and rental yield is 11.39% on a $186,000 entry. Equity gained on principal adds $1,200/yr, while 5% annual appreciation builds toward $51,388 over five years. Five-year ROI reaches 168.27% and total cumulative return in cash sums $103,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,765/mo property income rather than buyer’s personal income.

Single Family

Built in 1995

0.26 Acres lot

$N/A/sqft

No HOA