1805 Geerkin St APT 38,Pascagoula,MS,39581

Investment Highlights

Investment property for sale in Pascagoula at 1805 Geerkin St APT 38, Pascagoula, MS, 39581 listed at $196,000 pairs $1,576/mo rent with a $959/mo payment to leave $377/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $4,523/yr on $64,974 cash to close. Return on cash invested measures 26.87% in year one, and rental yield registers 9.65% at a $196,000 basis. Equity gained on principal adds $1,265/yr, and annual property appreciation at 5% supports $54,151 by year five. Five-year ROI tracks 140.05% and total cumulative return in cash totals $90,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $959/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).