1102 First East StVicksburgMS39183
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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 Vicksburg at 1102 First East St, Vicksburg, MS, 39183 generates $2,315/mo in rent and, after a $1,272/mo payment, leaves $725/mo in cash flow. Total monthly income is $2,315/mo, and annual cash flow is $8,695/yr on $86,157 invested. Return on cash invested sits at 30% in year one, and rental yield is 10.69% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 156.9% and total cumulative return in cash sums $135,178. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,315/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39183, Vicksburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 4,126 (58.8%) |
| Renter Occupied HU | 1,586 (22.6%) |
| Vacant Housing Units | 1,305 (18.6%) |
| Median Home Value | $174,701 |
| Average Home Value | $203,626 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
5,730
Multi-Family
682
Businesses
543
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Listed by: Sheila Hudspeth • Coldwell Banker All Stars
Mls Name: Vicksburg Warren County BOR
Mls ID: #33175