1602 Lambard 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
Rental property for sale in Tupelo at 1602 Lambard Dr, Tupelo, MS, 38801 generates $1,544/mo in rent and, after a $783/mo payment, leaves $565/mo in cash flow. Total monthly income is $1,544/mo, and annual cash flow is $6,781/yr on $53,007 invested. Return on cash invested sits at 32.7% in year one, and rental yield is 11.59% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 171.45% and total cumulative return in cash sums $90,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,544/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.36 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: Hannah Freeman • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-2899