2421 Beach View Dr #B11, Ocean Springs, MS, 39564 | $404/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 2421 Beach View Dr #B11, Ocean Springs, MS, 39564 uses $79,560 cash to close to unlock $4,848/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $2,305/mo, and a $1,175/mo payment keeps the spread at $404/mo. Purchase price stands at $240,000, and rental yield measures 11.53% with $2,305/mo rent. Return on cash invested shows 26% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash records $109,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,305/mo property income covering a $1,175/mo payment rather than investor’s personal income.

Condo

Built in 1990

N/A lot

$N/A/sqft

$432 monthly HOA