3230 Cumberland Rd APT 87Ocean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 3230 Cumberland Rd APT 87, Ocean Springs, MS, 39564 in Ocean Springs clears it at 1.69, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 9.05%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $37,298; $1,243/yr in principal equity; total projected return: $26,834.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $(429) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,026 |
| Total Monthly Debt Service | $1,393 |
| DSCR Ratio | 0.74x |
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
7.28 Acres lot
$N/A/sqft
$572 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
7.28 Acres lot
$N/A/sqft
$572 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigha P McDuffie • Southern Select Realty, LLC
Mls Name: MLS United
Mls ID: #4110336
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.