162 S Eagle Ridge DrFlorenceMS39073
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
Investment property for sale in Florence at 162 S Eagle Ridge Dr, Florence, MS, 39073 at $360,000 posts ROI 30.44% with $1,047/mo cash flow from $3,250/mo rent. Total monthly income equals $3,250/mo, and annual cash flow records $12,564/yr on $119,340 to close. Return on cash invested measures 30.44% and rental yield reads 10.83% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 159.18% and total cumulative return in cash totals $189,969.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39073, Florence, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 7,088 (79.1%) |
| Renter Occupied HU | 1,219 (13.6%) |
| Vacant Housing Units | 655 ( 7.3%) |
| Median Home Value | $255,000 |
| Average Home Value | $266,199 |
Housing Distribution
Address Breakdown
Residential
8,102
Single Family
7,970
Multi-Family
132
Businesses
405
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Nearby investment properties with comparable prices
Listed by: Carla Morgan • MS Hometown Realty
Mls Name: MLS United
Mls ID: #4117954
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.