1207 Mockingbird LnTupeloMS38801
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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
Investment property for sale in Tupelo at 1207 Mockingbird Ln, Tupelo, MS, 38801 uses $90,466 cash to close to unlock $6,120/yr annual cash flow and $510/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,336/mo payment keeps the spread at $510/mo. Purchase price stands at $272,900, and rental yield measures 10% with $2,274/mo rent. Return on cash invested shows 26.67% in year one, and 5% annual appreciation builds toward $75,397 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash records $126,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,336/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38801, Tupelo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 7,976 (60.3%) |
| Renter Occupied HU | 4,162 (31.5%) |
| Vacant Housing Units | 1,093 ( 8.3%) |
| Median Home Value | $203,288 |
| Average Home Value | $247,283 |
Housing Distribution
Address Breakdown
Residential
12,437
Single Family
10,824
Multi-Family
1,613
Businesses
1,316
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Listed by: Terry Lynn Winter • United Real Estate Mid-South
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-3654
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.