3651 Olivia DrOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3651 Olivia Dr, Ocean Springs, MS, 39564 in Ocean Springs earns a respectable 8% gross yield at $314,990, but after the $1,416/mo mortgage the net cash flow is $132/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $87,026 over five years, making equity the dominant return driver. Total projected return: $128,118.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $132 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,100 |
| Total Monthly Debt Service | $1,842 |
| DSCR Ratio | 1.14x |
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.
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
$480 annually 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
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
$480 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan S Sumner • Meritage Homes of Mississippi, Inc.
Mls Name: MLS United
Mls ID: #4119497
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.