1633 Piedmont St #35JacksonMS39202
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 1633 Piedmont St #35, Jackson, MS, 39202 offers a 6.4% rental yield on a $270,000 purchase with $1,440/mo rent. 06% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 87.5% and total cumulative return in cash at $78,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1949
0.32 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicen Blanchard • Overby, Inc.
Mls Name: MLS United
Mls ID: #4134696