3205 Joy Ln, Ocean Springs, MS, 39564 | $277/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1698 sft

14342 Oakview Cir, Vancleave, MS, 39565

3 Bed
2 Bath
1880 sft

886 On The Grn, Biloxi, MS, 39532

3 Bed
2 Bath
1468 sft

174 Oakmont Pl, Biloxi, MS, 39531

3 Bed
2 Bath
2135 sft

2305 Middlecoff Dr, Gulfport, MS, 39507

Nearby investment properties with comparable prices

- Bed
- Bath
- sft

862 Ahoy Dr #Z8LHMT, Biloxi, MS, 39532

3 Bed
2 Bath
1848 sft

7262 Pencarrow Cir, Ocean Springs, MS, 39564

3 Bed
2 Bath
1848 sft

7725 Claymont Cir, Ocean Springs, MS, 39564

3 Bed
2 Bath
1925 sft

7201 Pencarrow Cir, Ocean Springs, MS, 39564

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Ocean Springs at 3205 Joy Ln, Ocean Springs, MS, 39564 generates $2,450/mo in rent and, after a $1,738/mo payment, leaves $277/mo in cash flow. Total monthly income is $2,450/mo, and annual cash flow is $3,325/yr on $117,683 invested. Return on cash invested sits at 22.73% in year one, and rental yield is 8.28% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 117.94% and total cumulative return in cash sums $138,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.

Single Family

Built in 2007

9,583 sqft lot

$N/A/sqft

No HOA