1403 Hall DrRipleyMS38663
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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 1403 Hall Dr, Ripley, MS, 38663 uses $54,167 cash to close to unlock $2,962/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,247/mo, and a $800/mo payment keeps the spread at $247/mo. Purchase price stands at $163,400, and rental yield measures 9.16% with $1,247/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $45,144 over five years. Five-year ROI reaches 132.1% and total cumulative return in cash records $71,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,247/mo property income covering a $800/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.31 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: Phyllis Childers Gay • Five Star Realty
Mls Name: NMMLS
Mls ID: #25-3069