517 Elmwood 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
Investment property for sale in Vicksburg at 517 Elmwood Dr, Vicksburg, MS, 39180 uses $64,643 cash to close to unlock $4,057/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $1,531/mo, and a $954/mo payment keeps the spread at $338/mo. Purchase price stands at $195,000, and rental yield measures 9.42% with $1,531/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 136.48% and total cumulative return in cash records $88,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,531/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.65 Acres lot
$N/A/sqft
No HOA
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Listed by: Trey Hardaway • Hardaway Realty & Property Managment, LLC
Mls Name: Vicksburg Warren County BOR
Mls ID: #32821
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.