413 N Spring 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
Investment property for sale in Tupelo at 413 N Spring St, Tupelo, MS, 38804 offers a 9.39% rental yield on a $149,900 purchase with $1,173/mo rent. Total monthly income registers $1,173/mo, and a $734/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,498/yr on $49,692 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 130.23% and total cumulative return in cash at $64,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,173/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2,756 sqft lot
$N/A/sqft
No HOA
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Listed by: Brenda Estes Blair Finley • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1943
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