122 Eastwood DrMadisonMS39110
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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 122 Eastwood Dr, Madison, MS, 39110 offers $1,652/mo rent that, after a $1,199/mo payment, leaves $153/mo cash flow. Total monthly income is $1,652/mo, and annual cash flow is $1,835/yr on $81,218 cash. Return on cash invested measures 22.17% in year one, and rental yield stands at 8.09% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 114.88% and total cumulative return in cash reaches $93,300. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,652/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.33 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
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Listed by: Wes Tankersley • eXp Realty
Mls Name: MLS United
Mls ID: #4124592