1822 Howard StJacksonMS39202
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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 1822 Howard St, Jackson, MS, 39202 offers a 14.6% rental yield on a $159,900 purchase with $1,946/mo rent. Total monthly income registers $1,946/mo, and a $783/mo payment leaves $967/mo available for distribution. Annual cash flow reaches $11,605/yr on $53,007 to close, and return on cash invested stands at 41.8% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 220.26% and total cumulative return in cash at $116,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,946/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 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: Sally Randall • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4123243