Coral Plan, The Enclave at Palmetto Pointe,Ocean Springs,MS,39564

Investment Highlights

Rental property for sale in Ocean Springs at Coral Plan, The Enclave at Palmetto Pointe, Ocean Springs, MS, 39564 offers $2,998/mo rent that, after a $1,914/mo payment, leaves $605/mo cash flow. Total monthly income is $2,998/mo, and annual cash flow is $7,260/yr on $129,613 cash. Return on cash invested measures 25.51% in year one, and rental yield stands at 9.2% at a $390,990 entry. Equity gained on principal adds $2,523/yr while 5% annual appreciation compounds into $108,023 by year five. Five-year ROI records 132.83% and total cumulative return in cash reaches $172,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,998/mo property income versus a $1,914/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.