124 Westerly PlMadisonMS39110
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 124 Westerly Pl, Madison, MS, 39110 priced at $347,000 pairs $2,415/mo rent with $269/mo cash flow after a $1,698/mo payment. Total monthly income equals $2,415/mo, and annual cash flow comes to $3,228/yr on $115,031 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 8.35% on a $347,000 basis. Equity gained on principal adds $2,239/yr, and 5% annual appreciation accumulates to $95,870 by year five. Five-year ROI measures 117.93% and total cumulative return in cash reaches $135,656. For financing, Ziffy Mortgage’s DSCR program evaluates $2,415/mo property income against a $1,698/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.26 Acres lot
$N/A/sqft
$275 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: Rachel E Boyd • SmallTown Hunting Properties & Real Estate
Mls Name: MLS United
Mls ID: #4113931
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.