6692 Balboa Cir, Ocean Springs, MS, 39564 | $653/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 6692 Balboa Cir, Ocean Springs, MS, 39564 priced at $195,000 converts $1,846/mo rent into $653/mo cash flow after a $954/mo obligation. Total monthly income equals $1,846/mo, and annual cash flow totals $7,837/yr on $64,643 invested. Return on cash invested prints 32.03% in year one, and rental yield reads 11.36% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 167.83% and total cumulative return in cash sums $108,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,846/mo property income covering a $954/mo payment, not borrower’s personal income.

Single Family

Built in 1969

0.28 Acres lot

$N/A/sqft

No HOA