1195 Oak DrTunicaMS38676
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
Investment Highlights
Investment property for sale in Tunica at 1195 Oak Dr, Tunica, MS, 38676 uses $53,040 cash to close to unlock $6,456/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $783/mo payment keeps the spread at $538/mo. Purchase price stands at $160,000, and rental yield measures 11.38% with $1,517/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 168.01% and total cumulative return in cash records $89,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sasha V Colbert • United Real Estate Mid-South
Mls Name: MLS United
Mls ID: #4122293