1562 Summerchase DrTupeloMS38801
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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 1562 Summerchase Dr, Tupelo, MS, 38801 earns $846/mo cash flow from $2,988/mo rent with a $1,713/mo payment. Total monthly income totals $2,988/mo, and annual cash flow totals $10,156/yr on $115,992 capital. ROI tracks 28.67% on current figures, and rental yield reads 10.25% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 149.74% and total cumulative return in cash sums $173,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,988/mo property income instead of your personal income.
Single Family
Built in N/A
0.28 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: BRENDA SPENCER • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-2873