1128 Idlewild CtMadisonTN37115
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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 1128 Idlewild Ct, Madison, TN, 37115 offers a 8.01% rental yield on a $337,000 purchase with $2,250/mo rent. Total monthly income registers $2,250/mo, and a $1,649/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,797/yr on $111,716 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $2,175/yr while 5% annual appreciation supports $93,107 over five years. Portfolio math shows five-year ROI at 116.04% and total cumulative return in cash at $129,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,250/mo property income against a $1,649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37115, Madison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,097 (100%) |
| Owner Occupied HU | 7,748 (40.6%) |
| Renter Occupied HU | 9,529 (49.9%) |
| Vacant Housing Units | 1,820 ( 9.5%) |
| Median Home Value | $357,957 |
| Average Home Value | $430,561 |
Housing Distribution
Address Breakdown
Residential
18,674
Single Family
13,100
Multi-Family
5,574
Businesses
1,126
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