309 Lake Forest DrVicksburgMS39183
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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
Investment property for sale in Vicksburg at 309 Lake Forest Dr, Vicksburg, MS, 39183 offers a 10.61% rental yield on a $257,900 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,262/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,326/yr on $85,494 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,664/yr while 5% annual appreciation supports $71,253 over five years. Portfolio math shows five-year ROI at 149.18% and total cumulative return in cash at $127,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,262/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.62 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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