2207 Government St #28, Ocean Springs, MS, 39564 | 5.67% Rental Yield

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 Ocean Springs at 2207 Government St #28, Ocean Springs, MS, 39564 offers a 5.67% rental yield on a $340,000 purchase with $1,606/mo rent. 82% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 70.51% and total cumulative return in cash at $79,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,606/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2011

5,227 sqft lot

$N/A/sqft

$97 monthly HOA