2003 N Lamar 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
Rental property for sale in Jackson at 2003 N Lamar St, Jackson, MS, 39202 generates $1,471/mo in rent and, after a $541/mo payment, leaves $795/mo in cash flow. Total monthly income is $1,471/mo, and annual cash flow is $9,536/yr on $36,631 invested. Return on cash invested sits at 45.94% in year one, and rental yield is 15.97% on a $110,500 entry. Equity gained on principal adds $713/yr, while 5% annual appreciation builds toward $30,529 over five years. Five-year ROI reaches 242.39% and total cumulative return in cash sums $88,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,471/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6,534 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: Andreina Rios • Pricepoint LLC.
Mls Name: MLS United
Mls ID: #4110821
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.