408 Bailey RdMadisonNC27025
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
Investment property for sale in Madison at 408 Bailey Rd, Madison, NC, 27025 at $149,000 posts ROI 30.12% with $420/mo cash flow from $1,328/mo rent. Total monthly income equals $1,328/mo, and annual cash flow records $5,042/yr on $49,394 to close. Return on cash invested measures 30.12% and rental yield reads 10.7% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 157.53% and total cumulative return in cash totals $77,812.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,328/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27025, Madison, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,249 (100%) |
| Owner Occupied HU | 3,642 (69.4%) |
| Renter Occupied HU | 1,063 (20.3%) |
| Vacant Housing Units | 544 (10.4%) |
| Median Home Value | $191,822 |
| Average Home Value | $234,616 |
Housing Distribution
Address Breakdown
Residential
4,874
Single Family
4,849
Multi-Family
25
Businesses
430
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Nearby investment properties with comparable prices
Listed by: Tina Phillips • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1180512