Irises V H Plan, Landry Trace,Gulfport,MS,39503

Investment Highlights

Rental property for sale in Gulfport at Irises V H Plan, Landry Trace, Gulfport, MS, 39503 generates $2,891/mo in rent and, after a $1,454/mo payment, leaves $1,073/mo in cash flow. Total monthly income is $2,891/mo, and annual cash flow is $12,878/yr on $98,452 invested. Return on cash invested sits at 32.99% in year one, and rental yield is 11.68% on a $296,990 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,053 over five years. Five-year ROI reaches 172.92% and total cumulative return in cash sums $170,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,891/mo property income rather than buyer’s personal income.