Investor Special! Two Homes, One Price - Cash Flow from Day One!
Here's your chance to own not one, but TWO income-producing properties on a single lot for just $289,900! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income—well above the 1% rule!
Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes.
Opportunities like this are rare—two homes, one property, fully rented, and priced to sell. Don't miss it!
Active
$289,900
2039 S Ridge Rd, Byram, MS 39272
6beds
3,210sqft
Est.:
Multi Family, Single Family Residence
Built in 1951
-- sqft lot
$279,800 Zestimate®
$90/sqft
$-- HOA
What's special
- 22 days
- on Zillow |
- 448 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 12:11pm
Listed by:
Michael Manuel 601-977-9411,
Keller Williams 601-977-9411
Source: MLS United,MLS#: 4113813
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Electric Range, Free-Standing Refrigerator, Range
Features
- Fireplace features: None
Interior area
- Total structure area: 3,210
- Total interior livable area: 3,210 sqft
Property
Parking
- Parking features: Covered, Enclosed, Concrete, Gravel
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
- Fencing: Back Yard
Lot
- Size: 0.62 Acres
- Features: Front Yard, Rectangular Lot
Details
- Parcel number: 48540833000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick, Masonite
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Lake
- Subdivision: Lake Ridgelea
Location
- Region: Byram
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $52,350
- Annual tax amount: $2,454
- Date on market: 5/20/2025
- Tenant pays: All Utilities
- Electric utility on property: Yes
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