916 W Martin Luther King Jr DrRulevilleMS38771
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Ruleville at 916 W Martin Luther King Jr Dr, Ruleville, MS, 38771 generates $0/mo in rent, after a $639/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.25% in year one, and rental yield is 0% on a $130,500 entry. Equity gained on principal adds $842/yr, while 5% annual appreciation builds toward $36,055 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38771, Ruleville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,105 (100%) |
| Owner Occupied HU | 624 (56.5%) |
| Renter Occupied HU | 393 (35.6%) |
| Vacant Housing Units | 88 ( 8.0%) |
| Median Home Value | $106,967 |
| Average Home Value | $133,566 |
Housing Distribution
Address Breakdown
Residential
1,002
Single Family
908
Multi-Family
94
Businesses
109
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Mary C. Taylor • Magnolia Realty
Mls Name: Mid Delta Data Sharing Network
Mls ID: #104277