3230 Cumberland Rd APT 78Ocean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3230 Cumberland Rd APT 78, Ocean Springs, MS, 39564 in Ocean Springs deserves attention. This $125,200 property earns $1,748/mo in rent, a 16.76% gross yield, and nets $670/mo after the $563/mo payment. DSCR 3.10 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $34,590 compounds alongside $1,153/yr in yearly equity build, for a total cumulative return of $91,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 6.5% |
| Monthly Cash Flow | $670 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,748 |
| Total Monthly Debt Service | $1,029 |
| DSCR Ratio | 1.70x |
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.
Apartment
Built in 1972
7.28 Acres lot
$N/A/sqft
$255 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
Apartment
Built in 1972
7.28 Acres lot
$N/A/sqft
$255 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A