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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tupelo at 1303 Erin St, Tupelo, MS, 38801 uses $46,410 cash to close to unlock $5,502/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $1,315/mo, and a $685/mo payment keeps the spread at $459/mo. Purchase price stands at $140,000, and rental yield measures 11.27% with $1,315/mo rent. Return on cash invested shows 31.76% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 166.38% and total cumulative return in cash records $77,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,315/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38801, Tupelo, MS area.
| 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 |
Residential
12,437
Single Family
10,824
Multi-Family
1,613
Businesses
1,316
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ethan Park • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls ID: #25-3468
