422 N Church St,Tupelo,MS,38804

Investment Highlights

Rental property for sale in Tupelo at 422 N Church St, Tupelo, MS, 38804 priced at $235,000 pairs $1,600/mo rent with $162/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,600/mo, and annual cash flow comes to $1,945/yr on $77,903 invested. Return on cash invested is 22.41% in year one, and rental yield stands at 8.17% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 116.2% and total cumulative return in cash reaches $90,520. For financing, Ziffy Mortgage’s DSCR program evaluates $1,600/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.