919 Montrose DrRidgelandMS39157
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 Ridgeland at 919 Montrose Dr, Ridgeland, MS, 39157 earns from $6,702/mo rent with a $8,565/mo payment. Total monthly income totals $6,702/mo. ROI tracks 11.89% on current figures, and rental yield reads 4.6% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 59.65% and total cumulative return in cash sums $338,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,702/mo property income instead of your personal income.
Single Family
Built in 2016
1.46 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Blanks • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4127438