332 S Place DrMadisonMS39110
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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 332 S Place Dr, Madison, MS, 39110 uses $81,549 cash to close to unlock $7,134/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,104/mo, and a $1,204/mo payment keeps the spread at $594/mo. Purchase price stands at $246,000, and rental yield measures 10.26% with $2,104/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 149.71% and total cumulative return in cash records $122,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.25 Acres lot
$N/A/sqft
$50 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: Teresa Whitehead • McIntosh & Associates
Mls Name: MLS United
Mls ID: #4113367
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.