216 Martindale LnRipleyMS38663
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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
Investment property for sale in Ripley at 216 Martindale Ln, Ripley, MS, 38663 with 5% annual appreciation on a $201,300 basis while $1,693/mo rent supports operations. Total monthly income totals $1,693/mo and a $985/mo payment preserves $461/mo for cash returns. Annual cash flow comes to $5,537/yr on $66,731 deployed, and return on cash invested reaches 28.21% in year one. Equity gained on principal adds $1,299/yr, and five-year appreciation sums $55,615 alongside rental yield of 10.09%. Five-year ROI measures 147.29% and total cumulative return in cash totals $98,288.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,693/mo property income versus a $985/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A