LOT 33 Ridgewood Dr,Kiln,MS,39556

Investment Highlights

Investment property for sale in Kiln at LOT 33 Ridgewood Dr, Kiln, MS, 39556 offers a 9.58% rental yield on a $115,000 purchase with $918/mo rent. Total monthly income registers $918/mo, and a $563/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,569/yr on $38,123 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 139% and total cumulative return in cash at $52,989. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $918/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.