512 Ridgecrest DrPearlMS39208
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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 Pearl at 512 Ridgecrest Dr, Pearl, MS, 39208 priced at $172,500 pairs $1,369/mo rent with $314/mo cash flow after a $844/mo payment. Total monthly income equals $1,369/mo, and annual cash flow comes to $3,764/yr on $57,184 invested. Return on cash invested is 26.49% in year one, and rental yield stands at 9.52% on a $172,500 basis. Equity gained on principal adds $1,113/yr, and 5% annual appreciation accumulates to $47,659 by year five. Five-year ROI measures 138.08% and total cumulative return in cash reaches $78,962. For financing, Ziffy Mortgage’s DSCR program evaluates $1,369/mo property income against a $844/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
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Listed by: Dwight Barnes • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4118631