1399 Dorgan StJacksonMS39204
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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 1399 Dorgan St, Jackson, MS, 39204 uses $44,753 cash to close to unlock $5,971/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $1,324/mo, and a $661/mo payment keeps the spread at $498/mo. Purchase price stands at $135,000, and rental yield measures 11.77% with $1,324/mo rent. Return on cash invested shows 33.25% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 174.32% and total cumulative return in cash records $78,013. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,324/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1967
9,583 sqft 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: Dwight Barnes • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4100372
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.