310 Nabors DrRipleyMS38663
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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
Rental property for sale in Ripley at 310 Nabors Dr, Ripley, MS, 38663 priced at $189,900 pairs $1,732/mo rent with $570/mo cash flow after a $929/mo payment. Total monthly income equals $1,732/mo, and annual cash flow comes to $6,844/yr on $62,952 invested. Return on cash invested is 30.78% in year one, and rental yield stands at 10.94% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 161.1% and total cumulative return in cash reaches $101,417. For financing, Ziffy Mortgage’s DSCR program evaluates $1,732/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38663, Ripley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 3,391 (66.1%) |
| Renter Occupied HU | 1,234 (24.1%) |
| Vacant Housing Units | 503 ( 9.8%) |
| Median Home Value | $149,738 |
| Average Home Value | $175,546 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,815
Multi-Family
47
Businesses
474
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Listed by: Charlene D. Hill Sfr • 1ST Class Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #24-2864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.