655 Ralde CirRidgelandMS39157
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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
Investment property for sale in Ridgeland at 655 Ralde Cir, Ridgeland, MS, 39157 earns $248/mo cash flow from $1,273/mo rent with a $820/mo payment. Total monthly income totals $1,273/mo, and annual cash flow totals $2,974/yr on $55,526 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.12% at a $167,500 purchase. Equity gained on principal adds $1,081/yr, and 5% annual appreciation supports $46,277 over five years. Five-year ROI reaches 131.49% and total cumulative return in cash sums $73,012. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,273/mo property income instead of your personal income.
Single Family
Built in 1966
1 Acres lot
$N/A/sqft
No 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
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Listed by: Justice A Oaks-Waltman • NextHome Realty Experience
Mls Name: MLS United
Mls ID: #4132109