1470 Vernon CirJacksonMS39204
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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 1470 Vernon Cir, Jackson, MS, 39204 earns $267/mo cash flow from $1,185/mo rent with a $734/mo payment. Total monthly income totals $1,185/mo, and annual cash flow totals $3,209/yr on $49,692 capital. ROI tracks 26.37% on current figures, and rental yield reads 9.49% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 137.43% and total cumulative return in cash sums $68,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,185/mo property income instead of your personal income.
Single Family
Built in 1974
0.43 Acres 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: Kenneth Williams • Ken Williams Realty & Appraisal Services
Mls Name: MLS United
Mls ID: #4095123
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.