1501-02 Jamestown WayJacksonMS39211
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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 1501-02 Jamestown Way, Jackson, MS, 39211 uses $56,355 cash to close to unlock $7,917/yr annual cash flow and $660/mo monthly cash flow. Total monthly income runs $1,700/mo, and a $832/mo payment keeps the spread at $660/mo. Purchase price stands at $170,000, and rental yield measures 12% with $1,700/mo rent. Return on cash invested shows 33.96% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 178.09% and total cumulative return in cash records $100,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,700/mo property income covering a $832/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39211, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 7,361 (60.0%) |
| Renter Occupied HU | 3,706 (30.2%) |
| Vacant Housing Units | 1,207 ( 9.8%) |
| Median Home Value | $246,919 |
| Average Home Value | $314,842 |
Housing Distribution
Address Breakdown
Residential
11,786
Single Family
8,928
Multi-Family
2,858
Businesses
739
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Listed by: Mike Hoffman • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4124312