271 Porter AveOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 271 Porter Ave, Ocean Springs, MS, 39564 in Ocean Springs worth study. Rental yield 4.74%. The 4.74% gross yield is below cash-flow benchmarks at $689,040, but 5% annual appreciation, adding $190,369 over five years, frames this as a capital growth position. Rent of $2,723/mo partially offsets the $3,098/mo payment. Ziffy Mortgage finances appreciation-play properties (0.88 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $164,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.5% |
| Monthly Cash Flow | $(1,494) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,723 |
| Total Monthly Debt Service | $3,942 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2023
0.56 Acres lot
$N/A/sqft
No 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 2023
0.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike K Butler • Blackstone Realty, LLC
Mls Name: MLS United
Mls ID: #4101042
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.