922 Porter Ave APT 212, Ocean Springs, MS, 39564 | $475/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

Investment property for sale in Ocean Springs at 922 Porter Ave APT 212, Ocean Springs, MS, 39564 offers a 9.32% rental yield on a $289,000 purchase with $2,244/mo rent. Total monthly income registers $2,244/mo, and a $1,415/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,700/yr on $95,804 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 134.65% and total cumulative return in cash at $129,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2008

1.10 Acres lot

$N/A/sqft

No HOA