207 Washington AveOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Ocean Springs at 207 Washington Ave, Ocean Springs, MS, 39564 projects strong ROI of 9.23%. Rental yield 3.55%. With 5% annual appreciation, the property builds $566,377 in value over five years. Equity growth combined delivers a projected five-year ROI of 62.18%, translating into $360,086 in total cumulative return on $579,125 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 6.5% |
| Monthly Cash Flow | $(6,474) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,071 |
| Total Monthly Debt Service | $11,729 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
0.39 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2008
0.39 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kati Viola • Rain Residential
Mls Name: MLS United
Mls ID: #4126605