2011 S 7Th St

Ocean Springs, MS 39564
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3 bd, 2 ba | 1,190 sqft | Built in 2008

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List Price
$178,888

Initial Investment

$48,747

Purchase Price

$178,888

Down Payment

25%

Rent

$1,430

Total Return

$45,268

Annualized Return

14.3%

Cap Rate

6.0%

Gross Yield

9.6%

Cash Flow

$428

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,761

HOA

None

Flood Risk

High Risk - Zone AE

***Beautiful Ocean Springs living / Perfect as a starter home for a first-time home buyer!
Tastefully restored 3 bed room / 2 bath room - in a secluded area. Big size yard.
Freshly painted, updated floorings, cabinets, vanities & more. Nearby shopping area.

See more in Analysis
Pablo Pereyra
901 Realtor
MS Agent License #23667

Annual Financial Highlights

Expected Rent

$16,302

Expenses

-$2,998

Property Taxes

-$3,150

Loan Payments

-$9,725

Net Cash Flow

$428

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ralph Harvey
Agent License 111198
List With Freedom
Certified Agent Brokerage:Pablo Pereyra
901 Realtor
MS Brokerage License 23628
SourceMLS United
MLS #4109687
Last Updated: 07/26/2025 17:07
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