427 Sea Island 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
Rental property for sale in Vicksburg at 427 Sea Island Dr, Vicksburg, MS, 39183 priced at $164,900 converts $1,532/mo rent into $523/mo cash flow after a $807/mo obligation. Total monthly income equals $1,532/mo, and annual cash flow totals $6,276/yr on $54,664 invested. Return on cash invested prints 31.39% in year one, and rental yield reads 11.15% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 164.32% and total cumulative return in cash sums $89,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,532/mo property income covering a $807/mo payment, not borrower’s personal income.
Manufactured
Built in 1973
7,405 sqft 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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Listed by: Cody Bellipanni • SmallTown Hunting Properties & Real Estate
Mls Name: MLS United
Mls ID: #4129955