403 Ridgewood StVicksburgMS39180
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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
Investment property for sale in Vicksburg at 403 Ridgewood St, Vicksburg, MS, 39180 uses $59,897 cash to close to unlock $3,752/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,418/mo, and a $884/mo payment keeps the spread at $313/mo. Purchase price stands at $180,684, and rental yield measures 9.42% with $1,418/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $49,920 over five years. Five-year ROI reaches 136.36% and total cumulative return in cash records $81,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,418/mo property income covering a $884/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.43 Acres lot
$N/A/sqft
No HOA
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Listed by: Angela H Williams • Magnolia Real Estate & Property Management LLC
Mls Name: Vicksburg Warren County BOR
Mls ID: #33088