702 Trinity LnRidgelandMS39157
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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 Ridgeland at 702 Trinity Ln, Ridgeland, MS, 39157 uses $85,859 cash to close to unlock $4,653/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $1,268/mo payment keeps the spread at $388/mo. Purchase price stands at $259,000, and rental yield measures 9.14% with $1,973/mo rent. Return on cash invested shows 25.33% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 131.83% and total cumulative return in cash records $113,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 2005
9,147 sqft 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: Roger Garza • Frontline Properties
Mls Name: MLS United
Mls ID: #4108537
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.