145 Republic St #431MadisonMS39110
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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 145 Republic St #431, Madison, MS, 39110 earns from $4,319/mo rent with a $4,787/mo payment. Total monthly income totals $4,319/mo. ROI tracks 13.85% on current figures, and rental yield reads 5.3% at a $978,000 purchase. Equity gained on principal adds $6,311/yr, and 5% annual appreciation supports $270,203 over five years. Five-year ROI reaches 70.2% and total cumulative return in cash sums $225,884. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,319/mo property income instead of your personal income.
Condo
Built in 2021
N/A 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: Robin Torrence • Haley Properties LLC
Mls Name: MLS United
Mls ID: #4125400