97 Timber Ridge Ln SEMeadvilleMS39653
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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 Meadville at 97 Timber Ridge Ln SE, Meadville, MS, 39653 listed at $399,999 pairs $2,777/mo rent with a $1,958/mo payment to leave $329/mo cash flow. Total monthly income runs $2,777/mo, and annual cash flow reaches $3,948/yr on $132,600 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.33% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 118.71% and total cumulative return in cash totals $157,407. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,777/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39653, Meadville, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,531 (100%) |
| Owner Occupied HU | 932 (60.9%) |
| Renter Occupied HU | 166 (10.8%) |
| Vacant Housing Units | 433 (28.3%) |
| Median Home Value | $108,333 |
| Average Home Value | $157,589 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,216
Multi-Family
4
Businesses
106
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Listed by: Edna J Murray • Murray Land & Homes, LLC
Mls Name: Southwest Mississippi BOR
Mls ID: #143010
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.