628 Boxwood PlMadisonMS39110
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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 628 Boxwood Pl, Madison, MS, 39110 priced at $424,000 pairs $3,304/mo rent with $710/mo cash flow after a $2,075/mo payment. Total monthly income equals $3,304/mo, and annual cash flow comes to $8,515/yr on $140,556 invested. Return on cash invested is 25.97% in year one, and rental yield stands at 9.35% on a $424,000 basis. Equity gained on principal adds $2,736/yr, and 5% annual appreciation accumulates to $117,143 by year five. Five-year ROI measures 135.24% and total cumulative return in cash reaches $190,083. For financing, Ziffy Mortgage’s DSCR program evaluates $3,304/mo property income against a $2,075/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.48 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: Byron Knight • Clapton Realty Company
Mls Name: MLS United
Mls ID: #4134310