1515 Wingfield DrJacksonMS39204
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
Investment property for sale in Jackson at 1515 Wingfield Dr, Jackson, MS, 39204 listed at $148,000 pairs $1,124/mo rent with a $724/mo payment to leave $219/mo cash flow. Total monthly income runs $1,124/mo, and annual cash flow reaches $2,624/yr on $49,062 cash to close. Return on cash invested measures 25.26% in year one, and rental yield registers 9.11% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 131.45% and total cumulative return in cash totals $64,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,124/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Carson • America's Realty- Universal
Mls Name: MLS United
Mls ID: #4098635
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.