Is Ocean Springs, MS a good place to invest in rental property?

Ocean Springs, MS has a median modeled monthly cash flow of $-576 and a median cap rate of 4.2%, on a median sold price of $295,000. Prices changed -8.7% year over year.

What is the average cap rate in Ocean Springs, MS?

The median cap rate across recently sold homes in Ocean Springs, MS is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ocean Springs, MS?

The median sold price in Ocean Springs, MS is $295,000 (about $167 per square foot).

Investing in Ocean Springs, MS Real Estate

A data-driven snapshot of the Ocean Springs, MS rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$295,000Median sold price

$167Median $/sqft

4.2%Median cap rate

$-576Modeled cash flow / mo

-8.7%Appreciation YoY

7.6Months of supply

231Active listings

364Sold (last 12 mo)

What the Ocean Springs numbers say

In Ocean Springs, MS, the median home sold for $295,000 (about $167 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-576 of monthly cash flow. Sold prices moved -8.7% over the past year. Inventory sits at about 7.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Mississippi markets to compare

See Ocean Springs cash-flowing listings

CashFlowRE ranks every for-sale home in Ocean Springs, MS by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Ocean Springs deals, or browse the national market data.