2207 Government St #8Ocean 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
Investment property for sale in Ocean Springs at 2207 Government St #8, Ocean Springs, MS, 39564 offers a 6.18% rental yield on a $345,000 purchase with $1,777/mo rent. 29% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 83.42% and total cumulative return in cash at $95,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,777/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2011
2.26 Acres lot
$N/A/sqft
$118 annually HOA
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Listed by: hat.rets.ccranford • Cranford & Company
Mls Name: HSMLS
Mls Provider:
Mls ID: #141882
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