2231 E Simmons Bayou DrOcean SpringsMS39564








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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


Investment Highlights
Investment property for sale in Ocean Springs at 2231 E Simmons Bayou Dr, Ocean Springs, MS, 39564 with 5% annual appreciation on a $320,000 basis while $1,816/mo rent supports operations. 3% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 6.81%. Five-year ROI measures 94.12% and total cumulative return in cash totals $99,843. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,816/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Sandy Bankston • Weichert Realtors-Gulf Properties
Mls Name: MLS United
Mls ID: #4101468
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.








