1946 Oakwood PlJacksonMS39213
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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 1946 Oakwood Pl, Jackson, MS, 39213 uses $43,062 cash to close to unlock $2,674/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,018/mo, and a $636/mo payment keeps the spread at $223/mo. Purchase price stands at $129,900, and rental yield measures 9.4% with $1,018/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 136.09% and total cumulative return in cash records $58,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,018/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.29 Acres 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: Ethel Bell • Statewide Homes & Prop., LLC
Mls Name: MLS United
Mls ID: #4134345