6565 Ridgewood RdHorn LakeMS38637
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
Investment Highlights
Investment property for sale in Horn Lake at 6565 Ridgewood Rd, Horn Lake, MS, 38637 earns $155/mo cash flow from $1,434/mo rent with a $1,023/mo payment. Total monthly income totals $1,434/mo, and annual cash flow totals $1,860/yr on $69,284 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.23% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 117.14% and total cumulative return in cash sums $81,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,434/mo property income instead of your personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38637, Horn Lake, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,770 (100%) |
| Owner Occupied HU | 6,439 (59.8%) |
| Renter Occupied HU | 3,658 (34.0%) |
| Vacant Housing Units | 673 ( 6.2%) |
| Median Home Value | $174,352 |
| Average Home Value | $194,142 |
Housing Distribution
Address Breakdown
Residential
10,426
Single Family
8,887
Multi-Family
1,539
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Spence Rodman • Crosslin Gist Realty, Llc
Mls Name: MLS United
Mls ID: #4118427