709 Vassar DrTupeloMS38801
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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 Tupelo at 709 Vassar Dr, Tupelo, MS, 38801 offers $1,162/mo rent that, after a $746/mo payment, leaves $194/mo cash flow. Total monthly income is $1,162/mo, and annual cash flow is $2,332/yr on $50,554 cash. Return on cash invested measures 24.52% in year one, and rental yield stands at 9.14% at a $152,500 entry. Equity gained on principal adds $984/yr while 5% annual appreciation compounds into $42,133 by year five. Five-year ROI records 127.85% and total cumulative return in cash reaches $64,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,162/mo property income versus a $746/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38801, Tupelo, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,231 (100%) |
| Owner Occupied HU | 7,976 (60.3%) |
| Renter Occupied HU | 4,162 (31.5%) |
| Vacant Housing Units | 1,093 ( 8.3%) |
| Median Home Value | $203,288 |
| Average Home Value | $247,283 |
Housing Distribution
Address Breakdown
Residential
12,437
Single Family
10,824
Multi-Family
1,613
Businesses
1,316
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Listed by: Cindy Waters • AIM HIGH REALTY, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-2261
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.