850 Friendship RdAshlandMS38603
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
Rental property for sale in Ashland at 850 Friendship Rd, Ashland, MS, 38603 priced at $169,000 converts $1,175/mo rent into $141/mo cash flow after a $827/mo obligation. Total monthly income equals $1,175/mo, and annual cash flow totals $1,692/yr on $56,024 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 8.34% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 118.93% and total cumulative return in cash sums $66,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,175/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1984
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38603, Ashland, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 948 (61.6%) |
| Renter Occupied HU | 169 (11.0%) |
| Vacant Housing Units | 421 (27.4%) |
| Median Home Value | $129,521 |
| Average Home Value | $157,711 |
Housing Distribution
Address Breakdown
Residential
1,338
Single Family
1,338
Multi-Family
0
Businesses
89
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Listed by: Na'Keesha Jones • Dream Maker Realty
Mls Name: MLS United
Mls ID: #4115330
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.