1912 Overbrook DrJacksonMS39213
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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 1912 Overbrook Dr, Jackson, MS, 39213 uses $36,465 cash to close to unlock $2,295/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $864/mo, and a $538/mo payment keeps the spread at $191/mo. Purchase price stands at $110,000, and rental yield measures 9.43% with $864/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.6% and total cumulative return in cash records $49,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39213, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,293 (100%) |
| Owner Occupied HU | 5,020 (48.8%) |
| Renter Occupied HU | 3,584 (34.8%) |
| Vacant Housing Units | 1,689 (16.4%) |
| Median Home Value | $78,006 |
| Average Home Value | $159,302 |
Housing Distribution
Address Breakdown
Residential
9,344
Single Family
7,787
Multi-Family
1,557
Businesses
698
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Listed by: Jammie Collins • Keller Williams
Mls Name: MLS United
Mls ID: #4091640
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.