1605 S 2nd St, Ocean Springs, MS, 39564 | $778/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 1605 S 2nd St, Ocean Springs, MS, 39564 earns $778/mo cash flow from $2,118/mo rent with a $1,072/mo payment. Total monthly income totals $2,118/mo, and annual cash flow totals $9,333/yr on $72,599 capital. ROI tracks 32.76% on current figures, and rental yield reads 11.61% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 171.69% and total cumulative return in cash sums $124,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,118/mo property income instead of your personal income.

Single Family

Built in 2002

0.25 Acres lot

$N/A/sqft

No HOA