2745 Oak Ridge RdVicksburgMS39183
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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
Investment Highlights
Rental property for sale in Vicksburg at 2745 Oak Ridge Rd, Vicksburg, MS, 39183 priced at $279,000 pairs $1,955/mo rent with $76/mo cash flow after a $1,366/mo payment. Total monthly income equals $1,955/mo, and annual cash flow comes to $916/yr on $92,489 invested. Return on cash invested is 20.9% in year one, and rental yield stands at 8.41% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 108.89% and total cumulative return in cash reaches $100,711. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39183, Vicksburg, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 4,126 (58.8%) |
| Renter Occupied HU | 1,586 (22.6%) |
| Vacant Housing Units | 1,305 (18.6%) |
| Median Home Value | $174,701 |
| Average Home Value | $203,626 |
Housing Distribution
Address Breakdown
Residential
6,412
Single Family
5,730
Multi-Family
682
Businesses
543
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Listed by: Cindy Shields • McIntosh & Associates
Mls Name: MLS United
Mls ID: #4087795
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.