275 Porter Ave LOT 3,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 275 Porter Ave LOT 3, Ocean Springs, MS, 39564 listed at $465,000 pairs $2,897/mo rent with a $2,276/mo payment to leave $51/mo cash flow. Total monthly income runs $2,897/mo, and annual cash flow reaches $616/yr on $154,148 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 7.48% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 104.9% and total cumulative return in cash totals $161,699. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,897/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).