1076 Ellis AveJacksonMS39209
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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 1076 Ellis Ave, Jackson, MS, 39209 listed at $132,000 pairs $1,011/mo rent with a $646/mo payment to leave $114/mo cash flow. Total monthly income runs $1,011/mo, and annual cash flow reaches $1,366/yr on $43,758 cash to close. Return on cash invested measures 23.03% in year one, and rental yield registers 9.19% at a $132,000 basis. Equity gained on principal adds $852/yr, and annual property appreciation at 5% supports $36,469 by year five. Five-year ROI tracks 120.38% and total cumulative return in cash totals $52,675. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,011/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39209, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,773 (100%) |
| Owner Occupied HU | 5,482 (42.9%) |
| Renter Occupied HU | 4,961 (38.8%) |
| Vacant Housing Units | 2,330 (18.2%) |
| Median Home Value | $77,945 |
| Average Home Value | $166,263 |
Housing Distribution
Address Breakdown
Residential
10,878
Single Family
8,347
Multi-Family
2,531
Businesses
948
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Listed by: Kimm Hackett • eXp Realty
Mls Name: MLS United
Mls ID: #4083324
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.