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

Investment Highlights

Investment property for sale in Ocean Springs at The Coral Plan, The Enclave at Palmetto Pointe, Ocean Springs, MS, 39564 at $383,990 posts ROI 31.36% with $1,215/mo cash flow from $3,564/mo rent. Total monthly income equals $3,564/mo, and annual cash flow records $14,575/yr on $127,293 to close. Return on cash invested measures 31.36% and rental yield reads 11.14% at the current $383,990. Equity gained on principal adds $2,478/yr, and 5% annual appreciation supports $106,089 by year five. Five-year ROI prints 164.16% and total cumulative return in cash totals $208,961.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,564/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).