3230 Cumberland Rd APT 18Ocean SpringsMS39564
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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
Investment Highlights
Rental property for sale in Ocean Springs at 3230 Cumberland Rd APT 18, Ocean Springs, MS, 39564 generates $1,089/mo in rent, after a $685/mo payment. Total monthly income is $1,089/mo. Return on cash invested sits at 9.16% in year one, and rental yield is 9.34% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 51.24% and total cumulative return in cash sums $23,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,089/mo property income rather than buyer’s personal income.
Condo
Built in 1972
7.28 Acres lot
$N/A/sqft
$590 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Joanna Worch • Coldwell Banker Alfonso Realty-OS-B/O
Mls Name: MLS United
Mls ID: #4111658
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.