1940 Eastridge Cir
Madison, MS 39110
List Price
$305,000
Initial Investment
$83,113Purchase Price
$305,000
Down Payment
25%
Rent
$2,340
Total Return
$77,165
Annualized Return
14.9%
Cap Rate
6.6%
Gross Yield
9.2%
Cash Flow
$2,941
Appreciation
3.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
13,068
HOA
None
Flood Risk
Not Required
Charming Corner-Lot Home in Madison
Welcome to 1940 East Ridge Circle, a delightful 3-bedroom, 2-bathroom home nestled on a desirable corner lot in the highly sought after Providence Subdivision in Madison, Mississippi. This inviting residence offers a perfect blend of style and comfort, ideal for modern living.
Inviting Interiors: The spacious living area features a cozy gas log fireplace, creating a warm and welcoming atmosphere for family gatherings.
Gourmet Kitchen:Enjoy cooking in the stylish kitchen with sleek quartz countertops, a formal dining area, and a cozy breakfast nook—perfect for any meal.
Outdoor Retreat: Relax in the enclosed patio, providing a private space for outdoor enjoyment and entertaining.
Prime Location: Situated in a friendly neighborhood with easy access to local amenities, restaurants, shopping, and top-rated schools.
Don't miss the opportunity to make this charming home your own. Schedule a viewing today!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Agent License #2020040993
Annual Financial Highlights
Expected Rent
$26,676Expenses
-$4,403Property Taxes
-$2,750Loan Payments
-$16,581Net Cash Flow
$2,941See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Detrice Johnson
Agent License S51064
KELLER WILLIAMS
Agent License S51064
KELLER WILLIAMS
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc. (Christopher Stjernholm - MS)
Trelora Realty, Inc. (Christopher Stjernholm - MS)
SourceMLS United
MLS #4109350
Last Updated: 06/19/2025 04:06
MLS #4109350
Last Updated: 06/19/2025 04:06