60 S Saltmeadow CirOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 60 S Saltmeadow Cir, Ocean Springs, MS, 39564 in Ocean Springs hard to pass up. The 10.83% gross yield on a $332,000 purchase results in $2,998/mo in rent and $943/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $11,316, five-year appreciation of $91,725, and $3,058/yr in equity build-up combine for a projected total cumulative return of $186,624.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $943 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,998 |
| Total Monthly Debt Service | $1,923 |
| DSCR Ratio | 1.56x |
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 2022
0.25 Acres lot
$N/A/sqft
$275 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 2022
0.25 Acres lot
$N/A/sqft
$275 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Hayman • Coldwell Banker Smith Home Rltrs-Gautier
Mls Name: MLS United
Mls ID: #4107942
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.