Irises V A Plan, Swan Ridge,Gulfport,MS,39503

Investment Highlights

Rental property for sale in Gulfport at Irises V A Plan, Swan Ridge, Gulfport, MS, 39503 offers $2,813/mo rent that, after a $1,434/mo payment, leaves $1,020/mo cash flow. Total monthly income is $2,813/mo, and annual cash flow is $12,241/yr on $97,126 cash. Return on cash invested measures 32.51% in year one, and rental yield stands at 11.52% at a $292,990 entry. Equity gained on principal adds $1,891/yr while 5% annual appreciation compounds into $80,948 by year five. Five-year ROI records 170.37% and total cumulative return in cash reaches $165,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,813/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.