118 Drive 1157TupeloMS38804
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.7% yield at 118 Drive 1157, Tupelo, MS, 38804 in Tupelo is solid, but the $1,619/mo payment compresses net cash flow to $107/mo at $360,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $99,461 by year five, and $3,316/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.43) without U.S. income documentation. Total projected return: $143,271.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.0% |
| Monthly Cash Flow | $107 | $300 |
City averages based on Tupelo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,310 |
| Total Monthly Debt Service | $2,060 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meredith Martin ABR,AHWD,C2EX • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3973