103 N Jackson StRipleyMS38663
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ripley at 103 N Jackson St, Ripley, MS, 38663 priced at $132,500 pairs $2,006/mo rent with $1,195/mo cash flow after a $649/mo payment. Total monthly income equals $2,006/mo, and annual cash flow comes to $14,336/yr on $43,924 invested. Return on cash invested is 52.55% in year one, and rental yield stands at 18.17% on a $132,500 basis. Equity gained on principal adds $855/yr, and 5% annual appreciation accumulates to $36,607 by year five. Five-year ROI measures 277.81% and total cumulative return in cash reaches $122,024. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38663, Ripley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 3,391 (66.1%) |
| Renter Occupied HU | 1,234 (24.1%) |
| Vacant Housing Units | 503 ( 9.8%) |
| Median Home Value | $149,738 |
| Average Home Value | $175,546 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,815
Multi-Family
47
Businesses
474
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A