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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tupelo at 4603 W Main St, Tupelo, MS, 38801 listed at $240,000 pairs $1,771/mo rent with a $1,175/mo payment to leave $278/mo cash flow. Total monthly income runs $1,771/mo, and annual cash flow reaches $3,338/yr on $79,560 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 8.86% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 125.43% and total cumulative return in cash totals $99,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,771/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38801, Tupelo, MS area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 7,976 (60.3%) |
| Renter Occupied HU | 4,162 (31.5%) |
| Vacant Housing Units | 1,093 ( 8.3%) |
| Median Home Value | $203,288 |
| Average Home Value | $247,283 |
Residential
12,437
Single Family
10,824
Multi-Family
1,613
Businesses
1,316
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Listed for sale | $240,000 |
| 2024-08-22 | Listing removed | $240,000 |
| 2024-07-29 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-28 | $1892.46 | 706.64% | $13,880 | 50.01% |
| 2022-01-28 | $234.61 | N/A | $9,253 | N/A |
| 2021-01-28 | N/A | N/A | $9,253 | -10.50% |
Listed by: Cindy Black • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2659
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
