214 Shady LnRichlandMS39218
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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 Richland at 214 Shady Ln, Richland, MS, 39218 offers $2,468/mo rent that, after a $1,273/mo payment, leaves $877/mo cash flow. Total monthly income is $2,468/mo, and annual cash flow is $10,518/yr on $86,190 cash. Return on cash invested measures 32.11% in year one, and rental yield stands at 11.39% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 168.21% and total cumulative return in cash reaches $144,977. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,468/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39218, Richland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,793 (100%) |
| Owner Occupied HU | 1,787 (64.0%) |
| Renter Occupied HU | 773 (27.7%) |
| Vacant Housing Units | 233 ( 8.3%) |
| Median Home Value | $169,424 |
| Average Home Value | $194,079 |
Housing Distribution
Address Breakdown
Residential
2,965
Single Family
2,261
Multi-Family
704
Businesses
526
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Listed by: Caleb Monk • Monk and Company
Mls Name: MLS United
Mls ID: #4127662