54 Drake RdVicksburgMS39180
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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 54 Drake Rd, Vicksburg, MS, 39180 generates $941/mo in rent and, after a $582/mo payment, leaves $172/mo in cash flow. Total monthly income is $941/mo, and annual cash flow is $2,060/yr on $39,449 invested. Return on cash invested sits at 25.13% in year one, and rental yield is 9.49% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 131.24% and total cumulative return in cash sums $51,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $941/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Latoya Hubbard • Durrell Realty Group, LLC
Mls Name: MLS United
Mls ID: #4101939
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.