341 N Ruby AveRulevilleMS38771
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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 Ruleville at 341 N Ruby Ave, Ruleville, MS, 38771 listed at $245,000 pairs $1,199/mo rent with a $1,199/mo payment. Total monthly income runs $1,199/mo. Return on cash invested measures 11.78% in year one, and rental yield registers 5.87% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 60.49% and total cumulative return in cash totals $49,128. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,199/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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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.