312 Washington Ave,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 312 Washington Ave, Ocean Springs, MS, 39564 listed at $1,700,000 pairs $2,826/mo rent with a $8,321/mo payment. Total monthly income runs $2,826/mo. Return on cash invested measures 3.86% in year one, and rental yield registers 1.99% at a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and annual property appreciation at 5% supports $469,679 by year five. Five-year ROI tracks 16.59% and total cumulative return in cash totals $91,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,826/mo property income relative to a $8,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).