405 Evans StVicksburgMS39180
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 405 Evans St, Vicksburg, MS, 39180 in Vicksburg worth modelling. At $150,000 with a 9.01% gross yield, the $1,180/mo rent leaves $160/mo after the $674/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.75 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $41,442 by year five; $1,382/yr in principal reduction adds further equity. Total projected return: $70,880.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.4% |
| Monthly Cash Flow | $160 | $420 |
City averages based on Vicksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,180 |
| Total Monthly Debt Service | $906 |
| DSCR Ratio | 1.30x |
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 1979
0.50 Acres lot
$N/A/sqft
No HOA
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 1979
0.50 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela H Williams • Magnolia Real Estate & Property Management LLC
Mls Name: Vicksburg Warren County BOR
Mls ID: #33038
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.