148 Harper StRidgelandMS39157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $2,780/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 4.77% with $2,780/mo rent. Return on cash invested shows 12.25% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 61.63% and total cumulative return in cash records $141,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,780/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shari Culver • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4130938