624 Fairground 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 624 Fairground St, Vicksburg, MS, 39180 offers $2,215/mo rent that, after a $4,111/mo payment. Total monthly income is $2,215/mo. Return on cash invested measures 7.36% in year one, and rental yield stands at 3.16% at a $840,000 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,077 by year five. Five-year ROI records 35.42% and total cumulative return in cash reaches $97,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,215/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Robbin Blaine Cook • Coldwell Banker All Stars
Mls Name: Vicksburg Warren County BOR
Mls ID: #32993
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.