317 Kee CtMadisonMS39110
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
Investment Highlights
Rental property for sale in Madison at 317 Kee Ct, Madison, MS, 39110 priced at $369,000 pairs $2,902/mo rent with $580/mo cash flow after a $1,806/mo payment. Total monthly income equals $2,902/mo, and annual cash flow comes to $6,961/yr on $122,324 invested. Return on cash invested is 25.6% in year one, and rental yield stands at 9.44% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 133.53% and total cumulative return in cash reaches $163,335. For financing, Ziffy Mortgage’s DSCR program evaluates $2,902/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
6,534 sqft lot
$N/A/sqft
$767 annually 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: Cammie Breedlove • Keller Williams
Mls Name: MLS United
Mls ID: #4101030
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.