3217 N 2nd St, Ocean Springs, MS, 39564 | $189/mo Cash Flow

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

Investment property for sale in Ocean Springs at 3217 N 2nd St, Ocean Springs, MS, 39564 uses $67,958 cash to close to unlock $2,263/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,456/mo, and a $1,003/mo payment keeps the spread at $189/mo. Purchase price stands at $205,000, and rental yield measures 8.52% with $1,456/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 120.72% and total cumulative return in cash records $82,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,456/mo property income covering a $1,003/mo payment rather than investor’s personal income.

Single Family

Built in 1994

0.26 Acres lot

$N/A/sqft

No HOA