309 Lake StTupeloMS38804
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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
Rental property for sale in Tupelo at 309 Lake St, Tupelo, MS, 38804 offers $1,020/mo rent that, after a $807/mo payment, leaves $11/mo cash flow. Total monthly income is $1,020/mo, and annual cash flow is $132/yr on $54,664 cash. Return on cash invested measures 20.15% in year one, and rental yield stands at 7.42% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 104.04% and total cumulative return in cash reaches $56,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.36 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Laurie Webb • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.