1319 Jasmine WayFlowoodMS39232
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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 Flowood at 1319 Jasmine Way, Flowood, MS, 39232 offers $3,316/mo rent that, after a $2,623/mo payment, leaves $36/mo cash flow. Total monthly income is $3,316/mo, and annual cash flow is $437/yr on $176,344 cash. Return on cash invested measures 20.31% in year one, and rental yield stands at 7.42% at a $536,000 entry. Equity gained on principal adds $3,459/yr while 5% annual appreciation compounds into $148,087 by year five. Five-year ROI records 104.87% and total cumulative return in cash reaches $184,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,316/mo property income versus a $2,623/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Listed by: Brady Anderson • Proper Grounds
Mls Name: MLS United
Mls ID: #4075117