1506 Greymont AveJacksonMS39202
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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 1506 Greymont Ave, Jackson, MS, 39202 uses $104,091 cash to close to unlock $8,565/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $2,648/mo, and a $1,537/mo payment keeps the spread at $714/mo. Purchase price stands at $314,000, and rental yield measures 10.12% with $2,648/mo rent. Return on cash invested shows 28.14% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 146.94% and total cumulative return in cash records $152,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,648/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in 1990
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39202, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,532 (100%) |
| Owner Occupied HU | 1,315 (29.0%) |
| Renter Occupied HU | 2,519 (55.6%) |
| Vacant Housing Units | 698 (15.4%) |
| Median Home Value | $238,470 |
| Average Home Value | $293,496 |
Housing Distribution
Address Breakdown
Residential
3,997
Single Family
2,707
Multi-Family
1,290
Businesses
595
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Listed by: Teresa Whitehead • McIntosh & Associates
Mls Name: MLS United
Mls ID: #4108788
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.