2421 Beachview Dr APT A-5,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 2421 Beachview Dr APT A-5, Ocean Springs, MS, 39564 listed at $309,900 pairs $2,490/mo rent with a $1,517/mo payment to leave $593/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $7,120/yr on $102,732 cash to close. Return on cash invested measures 26.84% in year one, and rental yield registers 9.64% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 139.94% and total cumulative return in cash totals $143,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).