216 Savannah Gardens RdOcean SpringsMS39564
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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
Rental property for sale in Ocean Springs at 216 Savannah Gardens Rd, Ocean Springs, MS, 39564 generates $2,899/mo in rent and, after a $1,835/mo payment, leaves $605/mo in cash flow. Total monthly income is $2,899/mo, and annual cash flow is $7,256/yr on $124,309 invested. Return on cash invested sits at 25.75% in year one, and rental yield is 9.28% on a $374,990 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,603 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash sums $166,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,899/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Bryan S Sumner • Meritage Homes of Mississippi, Inc.
Mls Name: MLS United
Mls ID: #4135281