3230 Cumberland Rd APT 84Ocean SpringsMS39564
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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
Investment Highlights
Investment property for sale in Ocean Springs at 3230 Cumberland Rd APT 84, Ocean Springs, MS, 39564 offers a 9.27% rental yield on a $169,000 purchase with $1,306/mo rent. Total monthly income registers $1,306/mo, and a $827/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,924/yr on $56,024 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 130.99% and total cumulative return in cash at $73,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,306/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
7.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Erica N Young • Haus of Bonaparte Realty, LLC
Mls Name: MLS United
Mls ID: #4116569
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.