429 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
Investment property for sale in Vicksburg at 429 Sea Island Dr, Vicksburg, MS, 39183 listed at $163,850 pairs $1,321/mo rent with a $802/mo payment to leave $318/mo cash flow. Total monthly income runs $1,321/mo, and annual cash flow reaches $3,819/yr on $54,316 cash to close. Return on cash invested measures 26.94% in year one, and rental yield registers 9.67% at a $163,850 basis. Equity gained on principal adds $1,057/yr, and annual property appreciation at 5% supports $45,269 by year five. Five-year ROI tracks 140.53% and total cumulative return in cash totals $76,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,321/mo property income relative to a $802/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
9,000 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: William Wooten • Curb Appeals Real Estate LLC
Mls Name: Vicksburg Warren County BOR
Mls ID: #33205
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.