2962 Juliette Dr,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 2962 Juliette Dr, Ocean Springs, MS, 39564 listed at $594,000 pairs $4,926/mo rent with a $2,907/mo payment to leave $1,291/mo cash flow. Total monthly income runs $4,926/mo, and annual cash flow reaches $15,496/yr on $195,426 cash to close. Return on cash invested measures 27.99% in year one, and rental yield registers 9.95% at a $594,000 basis. Equity gained on principal adds $3,833/yr, and annual property appreciation at 5% supports $164,111 by year five. Five-year ROI tracks 146.06% and total cumulative return in cash totals $285,444. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,926/mo property income relative to a $2,907/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).