803 Ashland RdRipleyMS38663
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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 Ripley at 803 Ashland Rd, Ripley, MS, 38663 with 5% annual appreciation on a $189,900 basis while $1,187/mo rent supports operations. Total monthly income totals $1,187/mo and a $929/mo payment preserves $25/mo for cash returns. Annual cash flow comes to $304/yr on $62,952 deployed, and return on cash invested reaches 20.39% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 7.5%. Five-year ROI measures 105.4% and total cumulative return in cash totals $66,353.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,187/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38663, Ripley, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,128 (100%) |
| Owner Occupied HU | 3,391 (66.1%) |
| Renter Occupied HU | 1,234 (24.1%) |
| Vacant Housing Units | 503 ( 9.8%) |
| Median Home Value | $149,738 |
| Average Home Value | $175,546 |
Housing Distribution
Address Breakdown
Residential
4,862
Single Family
4,815
Multi-Family
47
Businesses
474
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Listed by: Lisa Settlemires • 1ST Class Realty, LLC
Mls Name: NMMLS
Mls Provider:
Mls ID: #25-1014
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.