983 Hickory Ln, Tunica, MS, 38676 | $1,064/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

983 Hickory Ln, Tunica, MS, 38676 | $1,064/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

No similar rental properties found nearby.

Nearby investment properties with comparable prices

3 Bed
3 Bath
2499 sft

219 Phillips St #319, Helena, AR, 72342

4 Bed
4 Bath
4200 sft

115 Sunridge, West Helena, AR, 72390

4 Bed
4 Bath
3400 sft

208 Neill Rd, Helena, AR, 72342

3 Bed
2 Bath
1301 sft

2268 Moon Lake Rd, Dundee, MS, 38626

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Tunica at 983 Hickory Ln, Tunica, MS, 38676 earns $1,064/mo cash flow from $3,251/mo rent with a $1,693/mo payment. Total monthly income totals $3,251/mo, and annual cash flow totals $12,771/yr on $114,666 capital. ROI tracks 31.05% on current figures, and rental yield reads 11.28% at a $345,900 purchase. Equity gained on principal adds $2,232/yr, and 5% annual appreciation supports $95,566 over five years. Five-year ROI reaches 162.77% and total cumulative return in cash sums $186,647. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,251/mo property income instead of your personal income.

Single Family

Built in 1949

0.54 Acres lot

$N/A/sqft

No HOA

More details about the property

A stunning new listing has just hit the market in the heart of downtown Tunica! This beautiful home boasts 4300 square feet of living space with real hardwood floors throughout. The home features 4 bedrooms, 3 baths, a bonus room, and an office. Located within walking distance of the charming downtown park and square, this home is perfect for those looking for a convenient and picturesque setting. The large front porch and breezeway connected to the detached garage provide the perfect spot to relax and enjoy the surrounding beauty. Upon entering the home, you're greeted by a spacious living room and beautiful dining room split by elegant pocket doors. The updated galley kitchen with gorgeous granite countertops leads to a cozy cocktail room, perfect for entertaining guests. Two large bedrooms with a shared Jack and Jill bath are located off the kitchen across from the breakfast room, while the spacious master bedroom offers a peaceful retreat in the back of the home. Upstairs, you'll find another bedroom, an office, and a huge playroom for kids to enjoy. There's no shortage of space in this home, making it ideal for families looking for room to grow and thrive! And the best part? This amazing home is priced at only $81 per square foot, making it a fantastic deal in the Tunica real estate market. Don't miss out on this opportunity to own a piece of downtown Tunica paradise!

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