2300 Drummond St,Vicksburg,MS,39180

Investment Highlights

Investment property for sale in Vicksburg at 2300 Drummond St, Vicksburg, MS, 39180 offers a 11.47% rental yield on a $350,000 purchase with $3,344/mo rent. Total monthly income registers $3,344/mo, and a $1,713/mo payment leaves $1,202/mo available for distribution. Annual cash flow reaches $14,427/yr on $116,025 to close, and return on cash invested stands at 32.34% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 169.45% and total cumulative return in cash at $196,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,344/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.