309 Hillview DrRidgelandMS39157
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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 Ridgeland at 309 Hillview Dr, Ridgeland, MS, 39157 at $1,299,900 posts ROI 16% with from $6,421/mo rent. Total monthly income equals $6,421/mo. Return on cash invested measures 16% and rental yield reads 5.93% at the current $1,299,900. Equity gained on principal adds $8,388/yr, and 5% annual appreciation supports $359,138 by year five. Five-year ROI prints 81.69% and total cumulative return in cash totals $344,060. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39157, Ridgeland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 4,946 (37.1%) |
| Vacant Housing Units | 1,713 (12.9%) |
| Median Home Value | $304,802 |
| Average Home Value | $405,648 |
Housing Distribution
Address Breakdown
Residential
12,626
Single Family
6,821
Multi-Family
5,805
Businesses
2,140
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Listed by: Monique Maselle-Kelly • Maselle & Associates Inc
Mls Name: MLS United
Mls ID: #4123589
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.