138 Shore View DrMadisonMS39110
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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 138 Shore View Dr, Madison, MS, 39110 listed at $389,900 pairs $3,422/mo rent with a $1,908/mo payment to leave $1,036/mo cash flow. Total monthly income runs $3,422/mo, and annual cash flow reaches $12,437/yr on $129,252 cash to close. Return on cash invested measures 29.53% in year one, and rental yield registers 10.53% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 154.37% and total cumulative return in cash totals $199,525. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,422/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.35 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: Amanda Polles • Polles Properties, LLC
Mls Name: MLS United
Mls ID: #4125061