115 Oferrell 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 115 Oferrell Ave, Jackson, MS, 39209 earns from $1,326/mo rent with a $1,219/mo payment. Total monthly income totals $1,326/mo. ROI tracks 17.03% on current figures, and rental yield reads 6.39% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 87.29% and total cumulative return in cash sums $72,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,326/mo property income instead of your personal income.
Multi Family
Built in 1969
1 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: Max Rollins • Rollins Properties, LLC
Mls Name: MLS United
Mls ID: #4130752