138 William McKinley CirJacksonMS39213
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 138 William McKinley Cir, Jackson, MS, 39213 priced at $145,000 converts $1,302/mo rent into $414/mo cash flow after a $710/mo obligation. Total monthly income equals $1,302/mo, and annual cash flow totals $4,972/yr on $48,068 invested. Return on cash invested prints 30.25% in year one, and rental yield reads 10.78% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 158.32% and total cumulative return in cash sums $76,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,302/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1973
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly N White • Edwards Realty Co.
Mls Name: MLS United
Mls ID: #4110260