1648 Cummins AveTunicaMS38676
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Tunica rentals match the income profile of 1648 Cummins Ave, Tunica, MS, 38676. Listed at $240,000, gross rent is $2,066/mo and net cash flow is $598/mo, a 10.33% yield well above national averages. DSCR 1.91 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $66,308 by year five with $2,210/yr in annual principal reduction, projecting $129,378 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $598 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,066 |
| Total Monthly Debt Service | $1,373 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38676, Tunica, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,143 (47.1%) |
| Renter Occupied HU | 919 (37.9%) |
| Vacant Housing Units | 366 (15.1%) |
| Median Home Value | $134,926 |
| Average Home Value | $173,291 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,494
Multi-Family
113
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38676, Tunica, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,143 (47.1%) |
| Renter Occupied HU | 919 (37.9%) |
| Vacant Housing Units | 366 (15.1%) |
| Median Home Value | $134,926 |
| Average Home Value | $173,291 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,494
Multi-Family
113
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigh Graves • Crye-leike Hernando
Mls Name: MLS United
Mls ID: #4124568