2400 Cherry St,Vicksburg,MS,39180

Investment Highlights

Investment property for sale in Vicksburg at 2400 Cherry St, Vicksburg, MS, 39180 offers a 9.1% rental yield on a $149,999 purchase with $1,137/mo rent. Total monthly income registers $1,137/mo, and a $734/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,631/yr on $49,725 to close, and return on cash invested stands at 25.2% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 131.22% and total cumulative return in cash at $65,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,137/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.