Under $500K Investment Properties for Sale in Ocean Springs, MS

Discover investment properties under $500K in Ocean Springs, MS, offering strong entry points for cash-flowing rentals. Proximity to Gulf Coast beaches supports steady rental demand from tourists and military families. Average cap rates around 7% and rental yields of 8% make these affordable homes attractive for passive income. Annual appreciation of 4-5% reflects stable growth in this coastal community. Renter-occupied housing at 35% ensures reliable tenant pools without overbuilding risks.