41 Richards LnCaledoniaMS39740
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
Rental property for sale in Caledonia at 41 Richards Ln, Caledonia, MS, 39740 priced at $367,900 pairs $2,471/mo rent with $219/mo cash flow after a $1,801/mo payment. Total monthly income equals $2,471/mo, and annual cash flow comes to $2,632/yr on $121,959 invested. Return on cash invested is 22.07% in year one, and rental yield stands at 8.06% on a $367,900 basis. Equity gained on principal adds $2,374/yr, and 5% annual appreciation accumulates to $101,644 by year five. Five-year ROI measures 114.35% and total cumulative return in cash reaches $139,458. For financing, Ziffy Mortgage’s DSCR program evaluates $2,471/mo property income against a $1,801/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39740, Caledonia, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,480 (100%) |
| Owner Occupied HU | 1,855 (74.8%) |
| Renter Occupied HU | 382 (15.4%) |
| Vacant Housing Units | 243 ( 9.8%) |
| Median Home Value | $247,557 |
| Average Home Value | $242,942 |
Housing Distribution
Address Breakdown
Residential
2,228
Single Family
2,228
Multi-Family
0
Businesses
81
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Listed by: PATTON WHITTEN • CENTURY21 Doris Hardy & Associates, LLC
Mls Name: Greater Golden Triangle Realtors
Mls ID: #25-2179