1440 Oak Ridge RdVicksburgMS39183
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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 Vicksburg at 1440 Oak Ridge Rd, Vicksburg, MS, 39183 uses $99,119 cash to close to unlock $5,913/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,322/mo, and a $1,463/mo payment keeps the spread at $493/mo. Purchase price stands at $299,000, and rental yield measures 9.32% with $2,322/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash records $133,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,322/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39183, Vicksburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 4,126 (58.8%) |
| Renter Occupied HU | 1,586 (22.6%) |
| Vacant Housing Units | 1,305 (18.6%) |
| Median Home Value | $174,701 |
| Average Home Value | $203,626 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
5,730
Multi-Family
682
Businesses
543
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Listed by: Angela H Williams • Magnolia Real Estate & Property Management LLC
Mls Name: Vicksburg Warren County BOR
Mls ID: #32859
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.