392 N Ruby AveRulevilleMS38771
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
Investment Highlights
Investment property for sale in Ruleville at 392 N Ruby Ave, Ruleville, MS, 38771 earns from $1,224/mo rent with a $1,077/mo payment. Total monthly income totals $1,224/mo. ROI tracks 15.79% on current figures, and rental yield reads 6.68% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 81.45% and total cumulative return in cash sums $59,399. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,224/mo property income instead of your personal income.
Single Family
Built in 1930
0.91 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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Nearby investment properties with comparable prices
Listed by: Anthony Steen • Tom Smith Land & Homes
Mls Name: MLS United
Mls ID: #4092453
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.