3220 N 9th StOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3220 N 9th St, Ocean Springs, MS, 39564 in Ocean Springs is a solid income-producing rental, 8.2% gross yield, $2,115/mo rent, $221/mo net cash flow on a $309,500 buy. DSCR 1.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $85,509 and $2,851/yr in principal reduction project a total cumulative return of $131,476.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $221 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,115 |
| Total Monthly Debt Service | $1,771 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris W Ballard • Blackwater Realty
Mls Name: MLS United
Mls ID: #4117074
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.