102 S Glen DrMadisonMS39110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Madison at 102 S Glen Dr, Madison, MS, 39110 offers $4,190/mo rent that, after a $3,108/mo payment, leaves $304/mo cash flow. Total monthly income is $4,190/mo, and annual cash flow is $3,650/yr on $208,915 cash. Return on cash invested measures 21.81% in year one, and rental yield stands at 7.92% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 112.91% and total cumulative return in cash reaches $235,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,190/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.43 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Hill • Havard Real Estate Group, LLC
Mls Name: MLS United
Mls ID: #4129782