241 Trace Ridge DrKosciuskoMS39090
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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 Kosciusko at 241 Trace Ridge Dr, Kosciusko, MS, 39090 offers a 10.56% rental yield on a $310,000 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $1,517/mo payment leaves $832/mo available for distribution. Annual cash flow reaches $9,987/yr on $102,765 to close, and return on cash invested stands at 29.63% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 154.9% and total cumulative return in cash at $159,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39090, Kosciusko, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,629 (100%) |
| Owner Occupied HU | 3,508 (62.3%) |
| Renter Occupied HU | 1,356 (24.1%) |
| Vacant Housing Units | 765 (13.6%) |
| Median Home Value | $125,150 |
| Average Home Value | $159,065 |
Housing Distribution
Address Breakdown
Residential
5,256
Single Family
5,111
Multi-Family
145
Businesses
583
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Listed by: Matthew Mccool • McCool Thorpe Real Estate
Mls Name: My State MLS
Mls ID: #11551666