2401 Drummond St,Vicksburg,MS,39180

Investment Highlights

Investment property for sale in Vicksburg at 2401 Drummond St, Vicksburg, MS, 39180 offers a 10.92% rental yield on a $269,900 purchase with $2,455/mo rent. Total monthly income registers $2,455/mo, and a $1,321/mo payment leaves $803/mo available for distribution. Annual cash flow reaches $9,641/yr on $89,472 to close, and return on cash invested stands at 30.68% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 160.56% and total cumulative return in cash at $143,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,455/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.