1003 Spengler StJacksonMS39202
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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
Investment property for sale in Jackson at 1003 Spengler St, Jackson, MS, 39202 listed at $149,000 pairs $1,186/mo rent with a $729/mo payment to leave $274/mo cash flow. Total monthly income runs $1,186/mo, and annual cash flow reaches $3,294/yr on $49,394 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 9.55% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 138.56% and total cumulative return in cash totals $68,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,186/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39202, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 1,315 (29.0%) |
| Renter Occupied HU | 2,519 (55.6%) |
| Vacant Housing Units | 698 (15.4%) |
| Median Home Value | $238,470 |
| Average Home Value | $293,496 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
2,707
Multi-Family
1,290
Businesses
595
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Listed by: Jamil Jackson • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4132596