110 Truman PlJacksonMS39213
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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 110 Truman Pl, Jackson, MS, 39213 priced at $120,000 converts $964/mo rent into $230/mo cash flow after a $587/mo obligation. Total monthly income equals $964/mo, and annual cash flow totals $2,760/yr on $39,780 invested. Return on cash invested prints 26.85% in year one, and rental yield reads 9.64% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 139.96% and total cumulative return in cash sums $55,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $964/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39213, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,293 (100%) |
| Owner Occupied HU | 5,020 (48.8%) |
| Renter Occupied HU | 3,584 (34.8%) |
| Vacant Housing Units | 1,689 (16.4%) |
| Median Home Value | $78,006 |
| Average Home Value | $159,302 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
7,787
Multi-Family
1,557
Businesses
698
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Listed by: Lovie M Young • Century 21 David Stevens
Mls Name: MLS United
Mls ID: #4135119