2621 Beach View Dr,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 2621 Beach View Dr, Ocean Springs, MS, 39564 listed at $179,500 pairs $2,567/mo rent with a $879/mo payment to leave $1,468/mo cash flow. Total monthly income runs $2,567/mo, and annual cash flow reaches $17,617/yr on $59,504 cash to close. Return on cash invested measures 49.52% in year one, and rental yield registers 17.16% at a $179,500 basis. Equity gained on principal adds $1,158/yr, and annual property appreciation at 5% supports $49,593 by year five. Five-year ROI tracks 261.61% and total cumulative return in cash totals $155,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,567/mo property income relative to a $879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).