136 Richards LnCaledoniaMS39740
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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
Investment property for sale in Caledonia at 136 Richards Ln, Caledonia, MS, 39740 earns $1,097/mo cash flow from $2,994/mo rent with a $1,517/mo payment. Total monthly income totals $2,994/mo, and annual cash flow totals $13,168/yr on $102,732 capital. ROI tracks 32.73% on current figures, and rental yield reads 11.59% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 171.52% and total cumulative return in cash sums $176,208. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Single Family
Built in 1998
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: Kelly Frady • COLDWELL BANKER WEST REALTY
Mls Name: Greater Golden Triangle Realtors
Mls ID: #24-1157
Disclaimer: Copyright Golden Triangle Association of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.