205 Lafayette LnJacksonMS39232
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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 205 Lafayette Ln, Jackson, MS, 39232 offers a 8.21% rental yield on a $336,000 purchase with $2,299/mo rent. Total monthly income registers $2,299/mo, and a $1,645/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,546/yr on $111,384 to close, and return on cash invested stands at 22.19% in year one. Equity gained on principal adds $2,168/yr while 5% annual appreciation supports $92,831 over five years. Portfolio math shows five-year ROI at 115.16% and total cumulative return in cash at $128,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,299/mo property income against a $1,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.25 Acres lot
$N/A/sqft
$363 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39232, Flowood, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,484 (100%) |
| Owner Occupied HU | 2,355 (52.5%) |
| Renter Occupied HU | 1,907 (42.5%) |
| Vacant Housing Units | 222 ( 5.0%) |
| Median Home Value | $296,500 |
| Average Home Value | $359,751 |
Housing Distribution
Address Breakdown
Residential
4,364
Single Family
2,565
Multi-Family
1,799
Businesses
1,659
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Listed by: Mary Denton • Powers Properties
Mls Name: MLS United
Mls ID: #4097775
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.