1606 Vicklan St,Vicksburg,MS,39180

Investment Highlights

Rental property for sale in Vicksburg at 1606 Vicklan St, Vicksburg, MS, 39180 priced at $291,500 pairs $2,228/mo rent with $205/mo cash flow after a $1,427/mo payment. Total monthly income equals $2,228/mo, and annual cash flow comes to $2,462/yr on $96,632 invested. Return on cash invested is 22.46% in year one, and rental yield stands at 9.17% on a $291,500 basis. Equity gained on principal adds $1,881/yr, and 5% annual appreciation accumulates to $80,536 by year five. Five-year ROI measures 117.53% and total cumulative return in cash reaches $113,575. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $1,427/mo payment instead of your W2s, 1099s, or Tax returns.