2 Fondren Green CirJacksonMS39216
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2 Fondren Green Cir, Jackson, MS, 39216 in Jackson carries a 1.55 coverage ratio, rent of $2,503/mo is 1.55 times the $1,618/mo payment. Rental yield 8.35%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $359,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $99,434; total projected cumulative return: $129,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 8.0% |
| Monthly Cash Flow | $(140) | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,503 |
| Total Monthly Debt Service | $2,500 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2006
3,484 sqft lot
$N/A/sqft
$1,800 annually HOA
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
Townhouse
Built in 2006
3,484 sqft lot
$N/A/sqft
$1,800 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alton Files • Real Estate Partners
Mls Name: MLS United
Mls ID: #4091150
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.