849 Academy Dr, Tunica, MS, 38676 | $127/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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849 Academy Dr, Tunica, MS, 38676 | $127/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tunica at 849 Academy Dr, Tunica, MS, 38676 with 5% annual appreciation on a $248,325 basis while $1,646/mo rent supports operations. Total monthly income totals $1,646/mo and a $1,215/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,522/yr on $82,320 deployed, and return on cash invested reaches 21.76% in year one. Equity gained on principal adds $1,602/yr, and five-year appreciation sums $68,608 alongside rental yield of 7.95%. Five-year ROI measures 112.67% and total cumulative return in cash totals $92,748.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,646/mo property income versus a $1,215/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1981

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Tunica Bulk Deal! 849 Academy/ 1109 SF/ 2 beds, 2 baths / Monthly Rent: $1000 / Annual Taxes: $1,030.92 1698 Hickory Hill Dr / 1101 SF / 3 beds, 2 baths / Monthly Rent $800 / Annual Taxes: $1,002.14 1737 Hickory Hill Dr / 1101 SF / 3 beds, 2 baths / Monthly Rent $750 / Annual Taxes: 1034.48 Contract between buyer and seller must been in place before showings can be scheduled.

Neighborhood Data

Neighborhood data shown for ZIP Code: 38676, Tunica, MS area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,428 (100%)
Owner Occupied HU	1,143 (47.1%)
Renter Occupied HU	919 (37.9%)
Vacant Housing Units	366 (15.1%)
Median Home Value	$134,926
Average Home Value	$173,291