1602 Ranchland RdBeldenMS38826
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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
Rental property for sale in Belden at 1602 Ranchland Rd, Belden, MS, 38826 generates $3,072/mo in rent and, after a $2,374/mo payment, leaves $83/mo in cash flow. Total monthly income is $3,072/mo, and annual cash flow is $997/yr on $160,778 invested. Return on cash invested sits at 20.53% in year one, and rental yield is 7.6% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 106.16% and total cumulative return in cash sums $170,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,072/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2.50 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38826, Belden, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,696 (100%) |
| Owner Occupied HU | 1,888 (70.0%) |
| Renter Occupied HU | 506 (18.8%) |
| Vacant Housing Units | 302 (11.2%) |
| Median Home Value | $281,075 |
| Average Home Value | $305,440 |
Housing Distribution
Address Breakdown
Residential
2,437
Single Family
2,437
Multi-Family
0
Businesses
141
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Listed by: Amanda Leigh Miller • TM REALTORS
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2885
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.