3230 Cumberland Rd APT 73Ocean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3230 Cumberland Rd APT 73, Ocean Springs, MS, 39564 in Ocean Springs carries a 1.59 coverage ratio, rent of $977/mo is 1.59 times the $616/mo payment. Rental yield 9.03%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $129,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $35,889; total projected cumulative return: $58,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $(390) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $977 |
| Total Monthly Debt Service | $775 |
| DSCR Ratio | 1.26x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
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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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Listed by: N/A • N/A
Mls Name: MLS United
Mls ID: #4160442
