108 Myer 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
Rental property for sale in Jackson at 108 Myer Ave, Jackson, MS, 39209 generates $938/mo in rent and, after a $587/mo payment, leaves $204/mo in cash flow. Total monthly income is $938/mo, and annual cash flow is $2,448/yr on $39,780 invested. Return on cash invested sits at 26.06% in year one, and rental yield is 9.38% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash sums $53,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $938/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.29 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: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4106243
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.