3612 Miles Ln, Ocean Springs, MS, 39564 | $681/mo Cash Flow

For Sale

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NMLS #2625701

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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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Investment Highlights

Rental property for sale in Ocean Springs at 3612 Miles Ln, Ocean Springs, MS, 39564 priced at $324,000 pairs $2,664/mo rent with $681/mo cash flow after a $1,586/mo payment. Total monthly income equals $2,664/mo, and annual cash flow comes to $8,173/yr on $107,406 invested. Return on cash invested is 27.52% in year one, and rental yield stands at 9.87% on a $324,000 basis. Equity gained on principal adds $2,091/yr, and 5% annual appreciation accumulates to $89,515 by year five. Five-year ROI measures 143.6% and total cumulative return in cash reaches $154,235. For financing, Ziffy Mortgage’s DSCR program evaluates $2,664/mo property income against a $1,586/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1997

9,583 sqft lot

$N/A/sqft

No HOA