1030 Sycamore StTunicaMS38676
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tunica at 1030 Sycamore St, Tunica, MS, 38676 generates $864/mo in rent and, after a $538/mo payment, leaves $191/mo in cash flow. Total monthly income is $864/mo, and annual cash flow is $2,295/yr on $36,465 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.43% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.6% and total cumulative return in cash sums $49,812. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $864/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38676, Tunica, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,143 (47.1%) |
| Renter Occupied HU | 919 (37.9%) |
| Vacant Housing Units | 366 (15.1%) |
| Median Home Value | $134,926 |
| Average Home Value | $173,291 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,494
Multi-Family
113
Businesses
275
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Listed by: Leigh Graves • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4122378