293 W Base StMadisonFL32340
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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
Rental property for sale in Madison at 293 W Base St, Madison, FL, 32340 priced at $165,000 pairs $1,275/mo rent with $112/mo cash flow after a $808/mo payment. Total monthly income equals $1,275/mo, and annual cash flow comes to $1,339/yr on $54,698 invested. Return on cash invested is 22.36% in year one, and rental yield stands at 9.27% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 117.15% and total cumulative return in cash reaches $64,079. For financing, Ziffy Mortgage’s DSCR program evaluates $1,275/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32340, Madison, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,847 (100%) |
| Owner Occupied HU | 2,869 (59.2%) |
| Renter Occupied HU | 1,229 (25.4%) |
| Vacant Housing Units | 749 (15.5%) |
| Median Home Value | $142,167 |
| Average Home Value | $204,320 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,919
Multi-Family
144
Businesses
342
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Listed by: Lynette C Sirmon • All Realty Services
Mls Name: TBR
Mls Provider:
Mls ID: #384727
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.