241 Barn StRichlandMS39218
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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 Richland at 241 Barn St, Richland, MS, 39218 uses $50,023 cash to close to unlock $15,398/yr annual cash flow and $1,283/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $739/mo payment keeps the spread at $1,283/mo. Purchase price stands at $150,900, and rental yield measures 17.55% with $2,207/mo rent. Return on cash invested shows 50.69% in year one, and 5% annual appreciation builds toward $41,691 over five years. Five-year ROI reaches 267.91% and total cumulative return in cash records $134,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $739/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
0.33 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: N/A • N/A
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