6004 Penni Ln,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at 6004 Penni Ln, Ocean Springs, MS, 39564 listed at $400,000 pairs $3,389/mo rent with a $1,958/mo payment to leave $941/mo cash flow. Total monthly income runs $3,389/mo, and annual cash flow reaches $11,292/yr on $132,600 cash to close. Return on cash invested measures 28.42% in year one, and rental yield registers 10.17% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 148.4% and total cumulative return in cash totals $196,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,389/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).