USLakeFront Lake survey & intelligence

$130,200

2139 Cove Rd, Ridgeland, MS 82824

Sample listing
0
Bedrooms
0
Bathrooms
0
Square feet
180 ft
Shoreline
$723
Per shoreline ft

Architect-designed retreat on the main channel on Ross Barnett Reservoir. Roughly 180 feet of owned shoreline on 1.01 acres. Single-slip stationary. Water clarity on Ross Barnett Reservoir averages around 4 feet and the lake is classified stable for water level. Dock and shoreline work fall under Pearl River Valley WSD. This is a sample listing used to demonstrate the platform.

Features

New seawallScreened porchRiprap shorelineCovered slipWhole-house generator

Property facts

Property typeLot Year built Lot size1.01 acres DockSingle-slip stationary Water depth at dock17 ft ExposureSouth-facing ViewProtected cove Annual taxes$1,469 HOA$45/mo Short-term rentalPermitted Listed2026-08-05
$1,807
All-in monthly
$32,415
Cash to close
$10,582
Costs beyond the obvious

Up front

Down payment$26,040
Closing costs (est. 2.4%)$3,125
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$32,415

Every year

Principal & interest$8,232
Property taxes$1,469
Hazard insurance$1,400
Flood insurance$2,400
HOA / POA dues$540
Utilities$2,700
Maintenance reserve (1.1%)$1,432
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,080
Total$21,683
Adjust these assumptions →
$723
This home / shoreline ft
$904
Lake average
Per square foot
Below the lake average — this property prices at $723 per shoreline foot against a lake average near $904, a difference of -20%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year108 Gross revenue$54,393 Lodging tax−$5,983 Management−$9,682 Cleaning & supplies−$12,910 Net operating income$25,818 Against annual carry$4,135
Model your own →
5.8
Lake score
D
Water grade
3 ft
Drawdown
Level stabilityStable Typical clarity4 ft Dock authorityPearl River Valley WSD
Full Ross Barnett Reservoir report →
Comparable

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