1151 Confederate AveVicksburgMS39183
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Nearby investment properties with comparable prices
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 1151 Confederate Ave, Vicksburg, MS, 39183 offers $1,526/mo rent that, after a $930/mo payment, leaves $270/mo cash flow. Total monthly income is $1,526/mo, and annual cash flow is $3,240/yr on $62,985 cash. Return on cash invested measures 25.05% in year one, and rental yield stands at 9.64% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 130.97% and total cumulative return in cash reaches $82,488. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,526/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.46 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: Shawn Jackson • Shawn Jackson Realty
Mls Name: MLS United
Mls ID: #4094625
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.