The Palm Interior Plan, Harper Grove Townhomes,Ocean Springs,MS,39564

Investment Highlights

Investment property for sale in Ocean Springs at The Palm Interior Plan, Harper Grove Townhomes, Ocean Springs, MS, 39564 listed at $239,900 pairs $2,362/mo rent with a $1,174/mo payment to leave $894/mo cash flow. Total monthly income runs $2,362/mo, and annual cash flow reaches $10,730/yr on $79,527 cash to close. Return on cash invested measures 33.4% in year one, and rental yield registers 11.81% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 175.15% and total cumulative return in cash totals $139,291. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,362/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).