105 Armonde CtMadisonMS39110
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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 105 Armonde Ct, Madison, MS, 39110 with 5% annual appreciation on a $239,500 basis while $1,647/mo rent supports operations. Total monthly income totals $1,647/mo and a $1,172/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,860/yr on $79,394 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $1,545/yr, and five-year appreciation sums $66,169 alongside rental yield of 8.25%. Five-year ROI measures 115.52% and total cumulative return in cash totals $91,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,647/mo property income versus a $1,172/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
4,356 sqft lot
$N/A/sqft
$300 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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Listed by: Aliscia Oglesbee • Dream Home Properties
Mls Name: MLS United
Mls ID: #4095173
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.