3365 Mallalieu Dr SERuthMS39662
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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 Ruth at 3365 Mallalieu Dr SE, Ruth, MS, 39662 priced at $249,900 converts $1,716/mo rent into $187/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,716/mo, and annual cash flow totals $2,242/yr on $82,842 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.24% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 117.26% and total cumulative return in cash sums $97,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,716/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2009
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39662, Ruth, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 505 (73.0%) |
| Renter Occupied HU | 81 (11.7%) |
| Vacant Housing Units | 106 (15.3%) |
| Median Home Value | $177,220 |
| Average Home Value | $207,861 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
10
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Listed by: Marianne Papapostolou • Century 21 Alliance
Mls Name: HSMLS
Mls Provider:
Mls ID: #139641
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.