508 Woodward Dr, Ocean Springs, MS, 39564 | $786/mo Cash Flow

For Sale

Ziffy Mortgage

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 508 Woodward Dr, Ocean Springs, MS, 39564 priced at $246,000 converts $2,291/mo rent into $786/mo cash flow after a $1,204/mo obligation. Total monthly income equals $2,291/mo, and annual cash flow totals $9,428/yr on $81,549 invested. Return on cash invested prints 31.47% in year one, and rental yield reads 11.18% against a $246,000 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,965 by year five. Five-year ROI reaches 164.75% and total cumulative return in cash sums $134,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,291/mo property income covering a $1,204/mo payment, not borrower’s personal income.

Single Family

Built in 1998

7,405 sqft lot

$N/A/sqft

No HOA