1603 Boggan 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 1603 Boggan Dr, Tupelo, MS, 38801 earns $259/mo cash flow from $1,293/mo rent with a $827/mo payment. Total monthly income totals $1,293/mo, and annual cash flow totals $3,108/yr on $56,024 capital. ROI tracks 25.46% on current figures, and rental yield reads 9.18% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 132.49% and total cumulative return in cash sums $74,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,293/mo property income instead of your personal income.
Single Family
Built in N/A
435.60 sqft 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: Levetta Me'Rae Armstrong • BROCON REALTY GROUP, LLC
Mls Name: NMMLS
Mls ID: #25-3671