605 Rigby StVicksburgMS39180
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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 605 Rigby St, Vicksburg, MS, 39180 priced at $122,000 converts $930/mo rent into $184/mo cash flow after a $597/mo obligation. Total monthly income equals $930/mo, and annual cash flow totals $2,203/yr on $40,443 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 9.15% against a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,706 by year five. Five-year ROI reaches 132.01% and total cumulative return in cash sums $53,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $930/mo property income covering a $597/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Julie Patton Johnson • Keller Williams-Vicksburg
Mls Name: Vicksburg Warren County BOR
Mls ID: #32931
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.