1463 Woody DrJacksonMS39212
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 1463 Woody Dr, Jackson, MS, 39212 offers $949/mo rent that, after a $587/mo payment, leaves $215/mo cash flow. Total monthly income is $949/mo, and annual cash flow is $2,580/yr on $39,780 cash. Return on cash invested measures 26.39% in year one, and rental yield stands at 9.49% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 137.51% and total cumulative return in cash reaches $54,703. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $949/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39212, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,537 (100%) |
| Owner Occupied HU | 7,031 (56.1%) |
| Renter Occupied HU | 3,894 (31.1%) |
| Vacant Housing Units | 1,612 (12.9%) |
| Median Home Value | $119,083 |
| Average Home Value | $166,295 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
9,991
Multi-Family
1,572
Businesses
367
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Nearby investment properties with comparable prices
Listed by: Dominique Beasley • Opulent Keys
Mls Name: MLS United
Mls ID: #4101685
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.