516 Lakeside DrVicksburgMS39180
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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 516 Lakeside Dr, Vicksburg, MS, 39180 offers $1,240/mo rent that, after a $697/mo payment, leaves $368/mo cash flow. Total monthly income is $1,240/mo, and annual cash flow is $4,421/yr on $47,239 cash. Return on cash invested measures 29.27% in year one, and rental yield stands at 10.44% at a $142,500 entry. Equity gained on principal adds $920/yr while 5% annual appreciation compounds into $39,370 by year five. Five-year ROI records 152.98% and total cumulative return in cash reaches $72,267. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,240/mo property income versus a $697/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.90 Acres lot
$N/A/sqft
No HOA
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Listed by: Jennifer Gilliland • McMillin Real Estate & Appraisal, Inc.
Mls Name: Vicksburg Warren County BOR
Mls ID: #32778
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.