609 Russell Ave, Ocean Springs, MS, 39564 | 4.73% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
3 Bath
2260 sft

7616 Newton Dr, Biloxi, MS, 39532

4 Bed
3 Bath
1464 sft

511 E Old Pass Rd, Long Beach, MS, 39560

3 Bed
2 Bath
1590 sft

300 Woodward Dr, Ocean Springs, MS, 39564

3 Bed
2 Bath
1617 sft

3620 Cochran Ave, Moss Point, MS, 39562

Nearby investment properties with comparable prices

Currently Rented+ 1 more

4 Bed
3 Bath
2620 sft

11829 Smokey Ct, Ocean Springs, MS, 39564

3 Bed
2 Bath
1272 sft

180 Jefferson Davis Ave, Biloxi, MS, 39530

2 Bed
2 Bath
1300 sft

2230 Beach Dr APT 1103, Gulfport, MS, 39507

$ 374,500

ROI

Cash Flow/m

- Bed
- Bath
- sft

Parc Aux Chenes #YK2ZPL, Gulfport, MS, 39503

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Ocean Springs at 609 Russell Ave, Ocean Springs, MS, 39564 generates $1,733/mo in rent, after a $2,153/mo payment. Total monthly income is $1,733/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 4.73% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 59.18% and total cumulative return in cash sums $86,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,733/mo property income rather than buyer’s personal income.

Single Family

Built in 1960

6,534 sqft lot

$N/A/sqft

No HOA