137 Mockingbird LnRipleyMS38663
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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 Ripley at 137 Mockingbird Ln, Ripley, MS, 38663 uses $53,040 cash to close to unlock $1,620/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $1,114/mo, and a $783/mo payment keeps the spread at $135/mo. Purchase price stands at $160,000, and rental yield measures 8.36% with $1,114/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash records $63,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,114/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 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: Giovanna R. Wilson • COLDWELL BANKER SOUTHERN REAL ESTATE
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4342
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.