807 Cotton Ridge DrPearlMS39208
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 Pearl at 807 Cotton Ridge Dr, Pearl, MS, 39208 at $254,900 posts ROI 31.41% with $810/mo cash flow from $2,370/mo rent. Total monthly income equals $2,370/mo, and annual cash flow records $9,717/yr on $84,499 to close. Return on cash invested measures 31.41% and rental yield reads 11.16% at the current $254,900. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 by year five. Five-year ROI prints 164.44% and total cumulative return in cash totals $138,948.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,370/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39208, Pearl, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,880 (100%) |
| Owner Occupied HU | 8,998 (64.8%) |
| Renter Occupied HU | 4,011 (28.9%) |
| Vacant Housing Units | 871 ( 6.3%) |
| Median Home Value | $177,888 |
| Average Home Value | $221,845 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
10,721
Multi-Family
2,029
Businesses
1,119
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Listed by: Ashley Howie • Crye-Leike
Mls Name: MLS United
Mls ID: #4087990
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.