336 Carr Farms RdRidgelandMS39157
Nearby investment properties with comparable rents
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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 Ridgeland at 336 Carr Farms Rd, Ridgeland, MS, 39157 offers $2,034/mo rent that, after a $1,798/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 17.8% in year one, and rental yield stands at 6.64% at a $367,400 entry. Equity gained on principal adds $2,371/yr while 5% annual appreciation compounds into $101,506 by year five. Five-year ROI records 91.43% and total cumulative return in cash reaches $111,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,798/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.25 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: William C Moody • D R Horton Inc
Mls Name: MLS United
Mls ID: #4098387
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.