1515 Government St #A302,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 1515 Government St #A302, Ocean Springs, MS, 39564 listed at $425,000 pairs $1,784/mo rent with a $2,080/mo payment. Total monthly income runs $1,784/mo. Return on cash invested measures 12.95% in year one, and rental yield registers 5.04% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 65.46% and total cumulative return in cash totals $92,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,784/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).