319 Washington Ave, Ocean Springs, MS, 39564 | 3.76% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Springs at 319 Washington Ave, Ocean Springs, MS, 39564 generates $2,426/mo in rent, after a $3,793/mo payment. Total monthly income is $2,426/mo. Return on cash invested sits at 9.16% in year one, and rental yield is 3.76% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 45.07% and total cumulative return in cash sums $114,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,426/mo property income rather than buyer’s personal income.

Single Family

Built in 1940

9,583 sqft lot

$N/A/sqft

No HOA