150 Richardson RdLouisvilleMS39339
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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 Louisville at 150 Richardson Rd, Louisville, MS, 39339 offers a 9.24% rental yield on a $132,000 purchase with $1,016/mo rent. Total monthly income registers $1,016/mo, and a $646/mo payment leaves $208/mo available for distribution. Annual cash flow reaches $2,500/yr on $43,758 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $852/yr while 5% annual appreciation supports $36,469 over five years. Portfolio math shows five-year ROI at 133.46% and total cumulative return in cash at $58,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,016/mo property income against a $646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39339, Louisville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,538 (100%) |
| Owner Occupied HU | 4,346 (66.5%) |
| Renter Occupied HU | 1,431 (21.9%) |
| Vacant Housing Units | 761 (11.6%) |
| Median Home Value | $154,350 |
| Average Home Value | $180,896 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,147
Multi-Family
115
Businesses
607
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Listed by: TRACY FAIRLEY • TRACY FAIRLEY REAL ESTATE
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-1710