6001 Ridge RdOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6001 Ridge Rd, Ocean Springs, MS, 39564 in Ocean Springs speaks for itself: 10.48% gross on a $330,000 price, generating $2,882/mo in rent and $863/mo in net income after the $1,484/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,356 stacks alongside $91,173 in projected five-year appreciation and $3,039/yr in principal reduction. Projected total cumulative return: $180,531.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.5% |
| Monthly Cash Flow | $863 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,882 |
| Total Monthly Debt Service | $1,888 |
| DSCR Ratio | 1.53x |
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 1965
0.32 Acres lot
$N/A/sqft
No 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 1965
0.32 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacki M Thornburg • EXIT Realty Heart Properties
Mls Name: MLS United
Mls ID: #4116008
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.