122 Forest Gate RdRipleyMS38663
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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 Ripley at 122 Forest Gate Rd, Ripley, MS, 38663 offers $4,229/mo rent that, after a $2,692/mo payment, leaves $863/mo cash flow. Total monthly income is $4,229/mo, and annual cash flow is $10,359/yr on $180,950 cash. Return on cash invested measures 25.79% in year one, and rental yield stands at 9.23% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 134.24% and total cumulative return in cash reaches $242,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,229/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.87 Acres 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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Listed by: Kaylee Sims • United Country Compass Realty Group
Mls Name: NMMLS
Mls ID: #25-3684