341 N Ruby AveRulevilleMS38771
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play341 N Ruby Ave, Ruleville, MS, 38771 in Ruleville is priced for appreciation, not yield. Rental yield 5.87%. At $245,000 with a 5.87% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $67,689 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.09) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $58,480.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(551) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,199 |
| Total Monthly Debt Service | $1,652 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38771, Ruleville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 624 (56.5%) |
| Renter Occupied HU | 393 (35.6%) |
| Vacant Housing Units | 88 ( 8.0%) |
| Median Home Value | $106,967 |
| Average Home Value | $133,566 |
Housing Distribution
Address Breakdown
Residential
1,002
Single Family
908
Multi-Family
94
Businesses
109
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
Single Family
Built in 1939
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38771, Ruleville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 624 (56.5%) |
| Renter Occupied HU | 393 (35.6%) |
| Vacant Housing Units | 88 ( 8.0%) |
| Median Home Value | $106,967 |
| Average Home Value | $133,566 |
Housing Distribution
Address Breakdown
Residential
1,002
Single Family
908
Multi-Family
94
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Williams • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4108842
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.