439 Shadowood DrRidgelandMS39157
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 Ridgeland at 439 Shadowood Dr, Ridgeland, MS, 39157 generates $2,244/mo in rent and, after a $1,346/mo payment, leaves $518/mo in cash flow. Total monthly income is $2,244/mo, and annual cash flow is $6,221/yr on $91,163 invested. Return on cash invested sits at 26.73% in year one, and rental yield is 9.79% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash sums $127,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.33 Acres lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39157, Ridgeland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,325 (100%) |
| Owner Occupied HU | 6,666 (50.0%) |
| Renter Occupied HU | 4,946 (37.1%) |
| Vacant Housing Units | 1,713 (12.9%) |
| Median Home Value | $304,802 |
| Average Home Value | $405,648 |
Housing Distribution
Address Breakdown
Residential
12,626
Single Family
6,821
Multi-Family
5,805
Businesses
2,140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alese Jones • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4110671
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.