228 Hardy RdMadisonMS39110
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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 228 Hardy Rd, Madison, MS, 39110 with 5% annual appreciation on a $539,900 basis while $2,964/mo rent supports operations. 76% in year one. Equity gained on principal adds $3,484/yr, and five-year appreciation sums $149,164 alongside rental yield of 6.59%. Five-year ROI measures 91.2% and total cumulative return in cash totals $161,995. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,964/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
9.73 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: Natalie B Flynt • Southern Homes Real Estate
Mls Name: MLS United
Mls ID: #4097410
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.