511 Rue ChateauguayOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 511 Rue Chateauguay, Ocean Springs, MS, 39564 in Ocean Springs fits: $765,000, 5.73% gross yield, and a projected 5% annual appreciation rate adding $211,355 in value within five years. Rental yield 5.73%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.06) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,046/yr in principal paydown and $211,355 in appreciation project a total return of $222,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.5% |
| Monthly Cash Flow | $(1,055) | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,653 |
| Total Monthly Debt Service | $4,403 |
| DSCR Ratio | 0.83x |
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.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
$198 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 2002
0.40 Acres lot
$N/A/sqft
$198 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanna Worch • Coldwell Banker Alfonso Realty-OS-B/O
Mls Name: MLS United
Mls ID: #4115960
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.