61 Skating Rink RdRed BanksMS38661
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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
Investment Highlights
Rental property for sale in Red Banks at 61 Skating Rink Rd, Red Banks, MS, 38661 priced at $259,800 pairs $0/mo rent with after a $1,272/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.25% in year one, and rental yield stands at 0% on a $259,800 basis. Equity gained on principal adds $1,676/yr, and 5% annual appreciation accumulates to $71,778 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38661, Red Banks, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 823 (100%) |
| Owner Occupied HU | 635 (77.2%) |
| Renter Occupied HU | 88 (10.7%) |
| Vacant Housing Units | 100 (12.2%) |
| Median Home Value | $236,983 |
| Average Home Value | $273,189 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
815
Multi-Family
0
Businesses
27
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A