1516 Cook St, Ocean Springs, MS, 39564 | $177/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 1516 Cook St, Ocean Springs, MS, 39564 listed at $259,000 pairs $1,762/mo rent with a $1,268/mo payment to leave $177/mo cash flow. Total monthly income runs $1,762/mo, and annual cash flow reaches $2,121/yr on $85,859 cash to close. Return on cash invested measures 22.38% in year one, and rental yield registers 8.16% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 116.01% and total cumulative return in cash totals $99,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,762/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2019

0.52 Acres lot

$N/A/sqft

No HOA