5807 Sylvester St,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 5807 Sylvester St, Ocean Springs, MS, 39564 listed at $565,000 pairs $4,824/mo rent with a $2,765/mo payment to leave $1,288/mo cash flow. Total monthly income runs $4,824/mo, and annual cash flow reaches $15,450/yr on $185,885 cash to close. Return on cash invested measures 28.37% in year one, and rental yield registers 10.25% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 148.29% and total cumulative return in cash totals $275,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,824/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).