3230 Cumberland Rd APT 54Ocean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 3230 Cumberland Rd APT 54, Ocean Springs, MS, 39564 in Ocean Springs is the 1.74 coverage ratio: rent of $970/mo versus a $558/mo debt payment on a $124,000 property. Rental yield 9.39%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $34,259 by year five, with $1,142/yr in equity from paydown. Total projected cumulative return: $35,150.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $(213) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $970 |
| Total Monthly Debt Service | $1,133 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1972
N/A lot
$N/A/sqft
$388 monthly 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
Condo
Built in 1972
N/A lot
$N/A/sqft
$388 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Hilliard • Hilliard Homes
Mls Name: MLS United
Mls ID: #4143153
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.