2409 Esplanade St, Ocean Springs, MS, 39564 | $798/mo Cash Flow

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 2409 Esplanade St, Ocean Springs, MS, 39564 offers a 11.77% rental yield on a $239,000 purchase with $2,345/mo rent. Total monthly income registers $2,345/mo, and a $1,170/mo payment leaves $798/mo available for distribution. Annual cash flow reaches $9,575/yr on $79,229 to close, and return on cash invested stands at 31.99% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 168.02% and total cumulative return in cash at $133,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,345/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

4,356 sqft lot

$N/A/sqft

$56 monthly HOA