21797 Ridge View DrSaucierMS39574
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
Rental property for sale in Saucier at 21797 Ridge View Dr, Saucier, MS, 39574 generates $2,310/mo in rent and, after a $1,448/mo payment, leaves $491/mo in cash flow. Total monthly income is $2,310/mo, and annual cash flow is $5,894/yr on $98,091 invested. Return on cash invested sits at 25.92% in year one, and rental yield is 9.37% on a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation builds toward $81,752 over five years. Five-year ROI reaches 135.06% and total cumulative return in cash sums $132,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.76 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39574, Saucier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,898 (100%) |
| Owner Occupied HU | 4,802 (81.4%) |
| Renter Occupied HU | 673 (11.4%) |
| Vacant Housing Units | 423 ( 7.2%) |
| Median Home Value | $237,612 |
| Average Home Value | $264,506 |
Housing Distribution
Address Breakdown
Residential
5,525
Single Family
5,525
Multi-Family
0
Businesses
183
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Listed by: Irene P Magee • Century 21 Busch Realty Group
Mls Name: MLS United
Mls ID: #4094487
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.