2718 Ridgeway DrGautierMS39553
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
Investment property for sale in Gautier at 2718 Ridgeway Dr, Gautier, MS, 39553 offers a 11.6% rental yield on a $167,695 purchase with $1,621/mo rent. Total monthly income registers $1,621/mo, and a $821/mo payment leaves $595/mo available for distribution. Annual cash flow reaches $7,135/yr on $55,591 to close, and return on cash invested stands at 32.74% in year one. Equity gained on principal adds $1,082/yr while 5% annual appreciation supports $46,331 over five years. Portfolio math shows five-year ROI at 171.6% and total cumulative return in cash at $95,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,621/mo property income against a $821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39553, Gautier, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,650 (100%) |
| Owner Occupied HU | 4,791 (62.6%) |
| Renter Occupied HU | 2,181 (28.5%) |
| Vacant Housing Units | 678 ( 8.9%) |
| Median Home Value | $181,985 |
| Average Home Value | $239,417 |
Housing Distribution
Address Breakdown
Residential
7,007
Single Family
6,165
Multi-Family
842
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie J West • CWest Realty, LLC
Mls Name: MLS United
Mls ID: #4127950