922 Porter Ave APT 221, Ocean Springs, MS, 39564 | $651/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 221, Ocean Springs, MS, 39564 uses $89,008 cash to close to unlock $7,813/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,314/mo payment keeps the spread at $651/mo. Purchase price stands at $268,500, and rental yield measures 10.25% with $2,294/mo rent. Return on cash invested shows 28.69% in year one, and 5% annual appreciation builds toward $74,182 over five years. Five-year ROI reaches 149.85% and total cumulative return in cash records $133,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,314/mo payment rather than investor’s personal income.

Condo

Built in 2008

N/A lot

$N/A/sqft

No HOA