2207 Government St #20Ocean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 2207 Government St #20, Ocean Springs, MS, 39564 in Ocean Springs delivers $2,568/mo in gross rent and $309/mo in net monthly income at a $350,000 entry. The 8.8% yield and 1.63 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $96,699 over five years and $3,224/yr in equity from loan paydown, total projected return is $153,043.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $309 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,568 |
| Total Monthly Debt Service | $2,120 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2011
2.26 Acres lot
$N/A/sqft
$117 monthly 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
Condo
Built in 2011
2.26 Acres lot
$N/A/sqft
$117 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Exnicios • Berkshire Hathaway HomeServices Preferred Properties
Mls Name: MLS United
Mls ID: #4133656
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.