574 Ridgewood LnHoulkaMS38850
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing574 Ridgewood Ln, Houlka, MS, 38850 in Houlka is a stable, well-positioned rental at $475,500. Rental yield 6.15%. DSCR 1.14 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $131,372 in value and $4,379/yr in principal paydown builds equity, a total projected return of $149,830.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.2% |
| Monthly Cash Flow | $(471) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,438 |
| Total Monthly Debt Service | $2,721 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
24.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38850, Houlka, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,578 (100%) |
| Owner Occupied HU | 1,032 (65.4%) |
| Renter Occupied HU | 292 (18.5%) |
| Vacant Housing Units | 254 (16.1%) |
| Median Home Value | $87,831 |
| Average Home Value | $115,274 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
71
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 N/A
24.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38850, Houlka, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,578 (100%) |
| Owner Occupied HU | 1,032 (65.4%) |
| Renter Occupied HU | 292 (18.5%) |
| Vacant Housing Units | 254 (16.1%) |
| Median Home Value | $87,831 |
| Average Home Value | $115,274 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,545
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NMMLS
Mls ID: #26-1061