2745 Oak Ridge RdVicksburgMS39183
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2745 Oak Ridge Rd, Vicksburg, MS, 39183 in Vicksburg is narrow, $77/mo net on $1,955/mo rent after the $1,255/mo debt service, but the property operates at break-even-plus, not a loss. At $279,000 with a 8.41% yield, the long-run equity case via 5% appreciation ($77,083 over five years) and $2,570/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $111,392.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.4% |
| Monthly Cash Flow | $77 | $420 |
City averages based on Vicksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,955 |
| Total Monthly Debt Service | $1,767 |
| DSCR Ratio | 1.11x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.