2039 S Ridge RdByramMS39272
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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 Byram at 2039 S Ridge Rd, Byram, MS, 39272 priced at $289,900 converts $1,380/mo rent into after a $1,419/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 14.99% in year one, and rental yield reads 5.71% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 76.35% and total cumulative return in cash sums $73,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Multi Family
Built in 1951
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39272, Byram, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,957 (100%) |
| Owner Occupied HU | 4,103 (68.9%) |
| Renter Occupied HU | 1,384 (23.2%) |
| Vacant Housing Units | 470 ( 7.9%) |
| Median Home Value | $194,189 |
| Average Home Value | $208,284 |
Housing Distribution
Address Breakdown
Residential
5,744
Single Family
4,860
Multi-Family
884
Businesses
656
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Listed by: Michael Manuel • Keller Williams
Mls Name: MLS United
Mls ID: #4113813
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.