389 N Ruby AveRulevilleMS38771
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 389 N Ruby Ave, Ruleville, MS, 38771 in Ruleville. At $325,000 it earns $2,237/mo in rent and distributes $248/mo to the owner after the $1,461/mo payment, a consistent 8.26% yield. DSCR 1.53 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $89,792 in value; $2,993/yr in principal paydown compounds ownership stake. Total projected return: $139,122.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $248 | $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 | $2,237 |
| Total Monthly Debt Service | $1,860 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1933
2 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 1933
2 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A