172 Northshore WayMadisonMS39110
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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 172 Northshore Way, Madison, MS, 39110 uses $180,620 cash to close to unlock $9,750/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $4,172/mo, and a $2,687/mo payment keeps the spread at $812/mo. Purchase price stands at $548,998, and rental yield measures 9.12% with $4,172/mo rent. Return on cash invested shows 25.46% in year one, and 5% annual appreciation builds toward $151,678 over five years. Five-year ROI reaches 132.48% and total cumulative return in cash records $239,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,172/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.39 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: Hunter B Wooten • Backwoods Land Company, LLC
Mls Name: MLS United
Mls ID: #4132598