6012 Charles St, Ocean Springs, MS, 39564 | $298/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ocean Springs at 6012 Charles St, Ocean Springs, MS, 39564 offers $1,455/mo rent that, after a $925/mo payment, leaves $298/mo cash flow. Total monthly income is $1,455/mo, and annual cash flow is $3,582/yr on $62,654 cash. Return on cash invested measures 25.63% in year one, and rental yield stands at 9.24% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 133.46% and total cumulative return in cash reaches $83,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,455/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 2006

7,405 sqft lot

$N/A/sqft

No HOA