6021 Penni LnOcean SpringsMS39564
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6021 Penni Ln, Ocean Springs, MS, 39564 in Ocean Springs deserves attention. This $431,000 property earns $3,688/mo in rent, a 10.02% gross yield, and nets $927/mo after the $1,938/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $119,077 compounds alongside $3,970/yr in yearly equity build, for a total cumulative return of $228,913.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.5% |
| Monthly Cash Flow | $927 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,688 |
| Total Monthly Debt Service | $2,499 |
| DSCR Ratio | 1.48x |
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
0.47 Acres lot
$N/A/sqft
$400 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
0.47 Acres lot
$N/A/sqft
$400 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elijah H Lewis • Infinity Realty Group, LLC
Mls Name: MLS United
Mls ID: #4110980
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.