7308 Shearwater Way, Ocean Springs, MS, 39564 | $530/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1764 sft

2530 Old Bay Rd, Biloxi, MS, 39531

2 Bed
2 Bath
1200 sft

639 Howard Ave, Biloxi, MS, 39530

4 Bed
3 Bath
2371 sft

70 Fairwood Dr, Ocean Springs, MS, 39564

4 Bed
3 Bath
2408 sft

7921 Rue Madison, Ocean Springs, MS, 39564

Nearby investment properties with comparable prices

3 Bed
2 Bath
1192 sft

258 Querens Ave, Biloxi, MS, 39530

3 Bed
2 Bath
1721 sft

139 Beach View Ave, Biloxi, MS, 39531

3 Bed
2 Bath
1797 sft

1837 Perdido Blvd, Gautier, MS, 39553

3 Bed
4 Bath
1899 sft

4001 Chamberlain Ave, 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 7308 Shearwater Way, Ocean Springs, MS, 39564 with 5% annual appreciation on a $290,000 basis while $2,327/mo rent supports operations. Total monthly income totals $2,327/mo and a $1,419/mo payment preserves $530/mo for cash returns. Annual cash flow comes to $6,358/yr on $96,135 deployed, and return on cash invested reaches 26.52% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 9.63%. Five-year ROI measures 138.31% and total cumulative return in cash totals $132,964.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,327/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2022

7,405 sqft lot

$N/A/sqft

$275 annually HOA