Riggs Hill RdFultonMS38843
Nearby investment properties with comparable rents
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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 Fulton at Riggs Hill Rd, Fulton, MS, 38843 uses $35,006 cash to close to unlock $8,786/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $517/mo payment keeps the spread at $732/mo. Purchase price stands at $105,600, and rental yield measures 16.09% with $1,416/mo rent. Return on cash invested shows 45.01% in year one, and 5% annual appreciation builds toward $29,175 over five years. Five-year ROI reaches 237.96% and total cumulative return in cash records $83,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $517/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38843, Fulton, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 3,498 (66.0%) |
| Renter Occupied HU | 1,055 (19.9%) |
| Vacant Housing Units | 750 (14.1%) |
| Median Home Value | $140,759 |
| Average Home Value | $244,895 |
Housing Distribution
Address Breakdown
Residential
4,761
Single Family
4,699
Multi-Family
62
Businesses
438
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A