216 Madison RdgVicksburgMS39180
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.75% yield at 216 Madison Rdg, Vicksburg, MS, 39180 in Vicksburg is solid, but the $1,956/mo payment compresses net cash flow to $64/mo at $435,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $120,182 by year five, and $4,006/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.62) without U.S. income documentation. Total projected return: $170,923.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.4% |
| Monthly Cash Flow | $64 | $420 |
City averages based on Vicksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,172 |
| Total Monthly Debt Service | $2,935 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
0.81 Acres lot
$N/A/sqft
$360 monthly HOA
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
Single Family
Built in 2008
0.81 Acres lot
$N/A/sqft
$360 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Carr • Keller Williams-Vicksburg
Mls Name: Vicksburg Warren County BOR
Mls ID: #33024
Disclaimer: Copyright Vicksburg-Warren County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.