104 Cherry Laurel CtRidgelandMS39157
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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
Total monthly income runs $5,419/mo, and a $7,073/mo payment. Purchase price stands at $1,445,000, and rental yield measures 4.5% with $5,419/mo rent. Return on cash invested shows 11.59% in year one, and 5% annual appreciation builds toward $399,227 over five years. Five-year ROI reaches 58.05% and total cumulative return in cash records $271,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,419/mo property income covering a $7,073/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39157, Ridgeland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 4,946 (37.1%) |
| Vacant Housing Units | 1,713 (12.9%) |
| Median Home Value | $304,802 |
| Average Home Value | $405,648 |
Housing Distribution
Address Breakdown
Residential
12,626
Single Family
6,821
Multi-Family
5,805
Businesses
2,140
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Listed by: Jane Anna Barksdale • Delong & Barksdale Realty LLC
Mls Name: MLS United
Mls ID: #4123789