945 Morning Glory CirTupeloMS38801
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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 945 Morning Glory Cir, Tupelo, MS, 38801 priced at $549,000 converts $3,160/mo rent into after a $2,687/mo obligation. Total monthly income equals $3,160/mo. Return on cash invested prints 18.73% in year one, and rental yield reads 6.91% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 96.43% and total cumulative return in cash sums $174,176. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,160/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.79 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: Jenny Decker Team • TM REALTORS
Mls Name: NMMLS
Mls ID: #25-3906