1235 Jacks AveTunicaMS38676
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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 Tunica at 1235 Jacks Ave, Tunica, MS, 38676 generates $1,077/mo in rent and, after a $700/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,077/mo, and annual cash flow is $2,422/yr on $47,405 invested. Return on cash invested sits at 25.02% in year one, and rental yield is 9.04% on a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 130.17% and total cumulative return in cash sums $61,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,077/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.60 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
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Listed by: Debra A Dace • Exit Southern Charm Realty
Mls Name: MLS United
Mls ID: #4136594