3866 Coker 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
Rental property for sale in Madison at 3866 Coker Rd, Madison, MS, 39110 priced at $1,650,000 converts $4,950/mo rent into after a $8,076/mo obligation. Total monthly income equals $4,950/mo. Return on cash invested prints 8.72% in year one, and rental yield reads 3.6% against a $1,650,000 entry. Equity gained on principal adds $10,647/yr, while 5% annual appreciation compiles into $455,865 by year five. Five-year ROI reaches 42.7% and total cumulative return in cash sums $228,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,950/mo property income covering a $8,076/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.81 Acres lot
$N/A/sqft
$500 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: Juanita Kennedy • Kennedy & Company Real Estate
Mls Name: MLS United
Mls ID: #4090047
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.