9018 Ferry Point RdOcean SpringsMS39553
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 9018 Ferry Point Rd, Ocean Springs, MS, 39553 in Ocean Springs, $449,000, 7.78% gross yield, $165/mo net income. Consider it a market-entry position, the $2,912/mo rent covers the $2,019/mo payment with a margin, and 5%/yr appreciation is projected to add $124,050 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.44) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $180,692.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.5% |
| Monthly Cash Flow | $165 | $420 |
City averages based on Ocean Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,912 |
| Total Monthly Debt Service | $2,569 |
| DSCR Ratio | 1.13x |
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 1995
6.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39553, Gautier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,650 (100%) |
| Owner Occupied HU | 4,791 (62.6%) |
| Renter Occupied HU | 2,181 (28.5%) |
| Vacant Housing Units | 678 ( 8.9%) |
| Median Home Value | $181,985 |
| Average Home Value | $239,417 |
Housing Distribution
Address Breakdown
Residential
7,007
Single Family
6,165
Multi-Family
842
Businesses
528
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 1995
6.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39553, Gautier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,650 (100%) |
| Owner Occupied HU | 4,791 (62.6%) |
| Renter Occupied HU | 2,181 (28.5%) |
| Vacant Housing Units | 678 ( 8.9%) |
| Median Home Value | $181,985 |
| Average Home Value | $239,417 |
Housing Distribution
Address Breakdown
Residential
7,007
Single Family
6,165
Multi-Family
842
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsie Hall • Coastal Realty Group
Mls Name: MLS United
Mls ID: #4132560