602 Arbour Ct, Ridgeland, MS, 39157 | $970/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ridgeland at 602 Arbour Ct, Ridgeland, MS, 39157 with 5% annual appreciation on a $319,500 basis while $3,056/mo rent supports operations. Total monthly income totals $3,056/mo and a $1,564/mo payment preserves $970/mo for cash returns. Annual cash flow comes to $11,643/yr on $105,914 deployed, and return on cash invested reaches 30.9% in year one. Equity gained on principal adds $2,062/yr, and five-year appreciation sums $88,272 alongside rental yield of 11.48%. Five-year ROI measures 162.27% and total cumulative return in cash totals $171,866.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,056/mo property income versus a $1,564/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1997

0.39 Acres lot

$N/A/sqft

$452 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