6688 Balboa Cir, Ocean Springs, MS, 39564 | $359/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2178 sft

105 Penny Ct, Ocean Springs, MS, 39564

3 Bed
2 Bath
1418 sft

557 Tasha Dr, Diberville, MS, 39540

3 Bed
2 Bath
1320 sft

128 Ridgeway Dr, Gulfport, MS, 39507

3 Bed
2 Bath
1100 sft

13414 George Ave, Gulfport, MS, 39503

Nearby investment properties with comparable prices

2 Bed
2 Bath
1649 sft

364 Reynoir St, Biloxi, MS, 39530

3 Bed
1 Bath
975 sft

220 Barbara Cir, Ocean Springs, MS, 39564

- Bed
1 Bath
1515 sft

703 Herrick Ave, Pascagoula, MS, 39567

2 Bed
1 Bath
722 sft

342 Westbury Glen Ln, Gulfport, MS, 39507

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

Investment property for sale in Ocean Springs at 6688 Balboa Cir, Ocean Springs, MS, 39564 uses $62,654 cash to close to unlock $4,314/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,516/mo, and a $925/mo payment keeps the spread at $359/mo. Purchase price stands at $189,000, and rental yield measures 9.63% with $1,516/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash records $87,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,516/mo property income covering a $925/mo payment rather than investor’s personal income.

Single Family

Built in 1969

0.26 Acres lot

$N/A/sqft

No HOA