2000 Carondelet St, Ocean Springs, MS, 39564 | $101/mo Cash Flow

For Sale

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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

Rental property for sale in Ocean Springs at 2000 Carondelet St, Ocean Springs, MS, 39564 priced at $220,000 pairs $1,536/mo rent with $101/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,536/mo, and annual cash flow comes to $1,212/yr on $72,930 invested. Return on cash invested is 21.57% in year one, and rental yield stands at 8.38% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 112.18% and total cumulative return in cash reaches $81,815. For financing, Ziffy Mortgage’s DSCR program evaluates $1,536/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2021

6,098 sqft lot

$N/A/sqft

$50 monthly HOA