1140 Dardanelle DrJacksonMS39204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1140 Dardanelle Dr, Jackson, MS, 39204 priced at $139,000 pairs $1,105/mo rent with $255/mo cash flow after a $680/mo payment. Total monthly income equals $1,105/mo, and annual cash flow comes to $3,057/yr on $46,079 invested. Return on cash invested is 26.54% in year one, and rental yield stands at 9.54% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 138.36% and total cumulative return in cash reaches $63,752. For financing, Ziffy Mortgage’s DSCR program evaluates $1,105/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39204, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 2,460 (32.4%) |
| Renter Occupied HU | 3,547 (46.7%) |
| Vacant Housing Units | 1,584 (20.9%) |
| Median Home Value | $76,400 |
| Average Home Value | $141,192 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
4,328
Multi-Family
2,197
Businesses
724
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Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4087498
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.