409 Cedarmont 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
Rental property for sale in Madison at 409 Cedarmont Dr, Madison, MS, 39110 generates $3,420/mo in rent, after a $9,667/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 4.12% in year one, and rental yield is 2.08% on a $1,975,000 entry. Equity gained on principal adds $12,744/yr, while 5% annual appreciation builds toward $545,656 over five years. Five-year ROI reaches 17.97% and total cumulative return in cash sums $115,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3.45 Acres lot
$N/A/sqft
No 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: Mariclaire Putman • Hometown Property Group
Mls Name: MLS United
Mls ID: #4125712