176 Twin Lakes RdRipleyMS38663
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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 Ripley at 176 Twin Lakes Rd, Ripley, MS, 38663 offers $1,175/mo rent that, after a $709/mo payment, leaves $289/mo cash flow. Total monthly income is $1,175/mo, and annual cash flow is $3,462/yr on $48,034 cash. Return on cash invested measures 27.12% in year one, and rental yield stands at 9.73% at a $144,900 entry. Equity gained on principal adds $935/yr while 5% annual appreciation compounds into $40,033 by year five. Five-year ROI records 141.45% and total cumulative return in cash reaches $67,945. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,175/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.72 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: Lisa Settlemires • 1ST Class Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-4021
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.