17105 Spring Lake Dr WVancleaveMS39565
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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
Investment Highlights
Investment property for sale in Vancleave at 17105 Spring Lake Dr W, Vancleave, MS, 39565 uses $69,284 cash to close to unlock $8,916/yr annual cash flow and $743/mo monthly cash flow. Total monthly income runs $2,022/mo, and a $1,023/mo payment keeps the spread at $743/mo. Purchase price stands at $209,000, and rental yield measures 11.61% with $2,022/mo rent. Return on cash invested shows 32.78% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 171.75% and total cumulative return in cash records $118,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,022/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39565, Ocean Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,117 (100%) |
| Owner Occupied HU | 6,597 (81.3%) |
| Renter Occupied HU | 984 (12.1%) |
| Vacant Housing Units | 536 ( 6.6%) |
| Median Home Value | $257,652 |
| Average Home Value | $265,179 |
Housing Distribution
Address Breakdown
Residential
7,812
Single Family
7,716
Multi-Family
96
Businesses
243
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Listed by: Betty Cobb • Coldwell Banker Smith Home Rltrs-Gautier
Mls Name: MLS United
Mls ID: #4126295