412 E Walnut StRipleyMS38663
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 Ripley at 412 E Walnut St, Ripley, MS, 38663 at $169,600 posts ROI 24.37% with $209/mo cash flow from $1,247/mo rent. Total monthly income equals $1,247/mo, and annual cash flow records $2,511/yr on $56,222 to close. Return on cash invested measures 24.37% and rental yield reads 8.82% at the current $169,600. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,857 by year five. Five-year ROI prints 126.79% and total cumulative return in cash totals $71,284.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,247/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38663, Ripley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 3,391 (66.1%) |
| Renter Occupied HU | 1,234 (24.1%) |
| Vacant Housing Units | 503 ( 9.8%) |
| Median Home Value | $149,738 |
| Average Home Value | $175,546 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,815
Multi-Family
47
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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