1805 Geerkin St APT 5, Pascagoula, MS, 39581 | $245/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 Pascagoula at 1805 Geerkin St APT 5, Pascagoula, MS, 39581 offers a 9.29% rental yield on a $160,000 purchase with $1,239/mo rent. Total monthly income registers $1,239/mo, and a $783/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,934/yr on $53,040 to close, and return on cash invested stands at 25.44% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 132.58% and total cumulative return in cash at $70,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,239/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

3.05 Acres lot

$N/A/sqft

No HOA