2320 Gladiolus StOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2320 Gladiolus St, Ocean Springs, MS, 39564 in Ocean Springs speaks for itself: 11.36% gross on a $239,000 price, generating $2,069/mo in rent and $691/mo in net income after the $1,075/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,288 stacks alongside $66,031 in projected five-year appreciation and $2,201/yr in principal reduction. Projected total cumulative return: $123,049.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.5% |
| Monthly Cash Flow | $691 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,069 |
| Total Monthly Debt Service | $1,476 |
| DSCR Ratio | 1.40x |
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.
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
$672 annually 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
Single Family
Built in 2021
4,356 sqft lot
$N/A/sqft
$672 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Depew • Adkison & Associates
Mls Name: MLS United
Mls ID: #4110427
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.