420 Golden Ridge DrBrandonMS39042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 420 Golden Ridge Dr, Brandon, MS, 39042 in Brandon deserves attention. This $229,900 property earns $2,112/mo in rent, a 11.02% gross yield, and nets $705/mo after the $1,034/mo payment. DSCR 2.04 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $63,517 compounds alongside $2,117/yr in yearly equity build, for a total cumulative return of $132,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 5.1% |
| Monthly Cash Flow | $705 | $325 |
City averages based on Brandon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,112 |
| Total Monthly Debt Service | $1,315 |
| DSCR Ratio | 1.61x |
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 1993
0.35 Acres lot
$N/A/sqft
No HOA
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 1993
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Griffin • Harper Homes Real Estate LLC
Mls Name: MLS United
Mls ID: #4101651
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.