1602 Heather Ct,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 1602 Heather Ct, Ocean Springs, MS, 39564 listed at $329,900 pairs $2,392/mo rent with a $1,615/mo payment to leave $373/mo cash flow. Total monthly income runs $2,392/mo, and annual cash flow reaches $4,475/yr on $109,362 cash to close. Return on cash invested measures 24% in year one, and rental yield registers 8.7% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 124.69% and total cumulative return in cash totals $136,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,392/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).