3230 Cumberland Rd APT 42,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 3230 Cumberland Rd APT 42, Ocean Springs, MS, 39564 listed at $129,500 pairs $1,003/mo rent with a $634/mo payment to leave $210/mo cash flow. Total monthly income runs $1,003/mo, and annual cash flow reaches $2,524/yr on $42,929 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.29% at a $129,500 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,778 by year five. Five-year ROI tracks 134.35% and total cumulative return in cash totals $57,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,003/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).