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

Investment Highlights

Rental property for sale in Ocean Springs at The Sandpiper Plan, The Enclave at Palmetto Pointe, Ocean Springs, MS, 39564 priced at $315,990 pairs $2,755/mo rent with $821/mo cash flow after a $1,547/mo payment. Total monthly income equals $2,755/mo, and annual cash flow comes to $9,851/yr on $104,751 invested. Return on cash invested is 29.31% in year one, and rental yield stands at 10.46% on a $315,990 basis. Equity gained on principal adds $2,039/yr, and 5% annual appreciation accumulates to $87,302 by year five. Five-year ROI measures 153.17% and total cumulative return in cash reaches $160,444. For financing, Ziffy Mortgage’s DSCR program evaluates $2,755/mo property income against a $1,547/mo payment instead of your W2s, 1099s, or Tax returns.