101 Edgewood DrMadisonMS39110
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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 Madison at 101 Edgewood Dr, Madison, MS, 39110 listed at $599,000 pairs $4,840/mo rent with a $2,932/mo payment to leave $877/mo cash flow. Total monthly income runs $4,840/mo, and annual cash flow reaches $10,523/yr on $197,071 cash to close. Return on cash invested measures 25.4% in year one, and rental yield registers 9.7% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 132.81% and total cumulative return in cash totals $261,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,840/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2013
0.34 Acres lot
$N/A/sqft
$2,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39110, Madison, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,915 (100%) |
| Owner Occupied HU | 18,105 (90.9%) |
| Renter Occupied HU | 1,037 ( 5.2%) |
| Vacant Housing Units | 773 ( 3.9%) |
| Median Home Value | $380,092 |
| Average Home Value | $440,025 |
Housing Distribution
Address Breakdown
Residential
19,442
Single Family
19,299
Multi-Family
143
Businesses
1,117
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Nearby investment properties with comparable prices
Listed by: Allan Summerlin • BHHS Gateway Real Estate
Mls Name: MLS United
Mls ID: #4098137
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.