3421 N 10th St,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 3421 N 10th St, Ocean Springs, MS, 39564 listed at $272,000 pairs $2,312/mo rent with a $1,331/mo payment to leave $648/mo cash flow. Total monthly income runs $2,312/mo, and annual cash flow reaches $7,774/yr on $90,168 cash to close. Return on cash invested measures 28.53% in year one, and rental yield registers 10.2% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 148.98% and total cumulative return in cash totals $134,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,312/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).