216 Pine Ridge RdJacksonMS39206
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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 216 Pine Ridge Rd, Jackson, MS, 39206 uses $41,404 cash to close to unlock $2,856/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $611/mo payment keeps the spread at $238/mo. Purchase price stands at $124,900, and rental yield measures 9.63% with $1,002/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash records $57,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39206, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 4,894 (44.6%) |
| Renter Occupied HU | 4,491 (40.9%) |
| Vacant Housing Units | 1,595 (14.5%) |
| Median Home Value | $137,174 |
| Average Home Value | $186,725 |
Housing Distribution
Address Breakdown
Residential
10,678
Single Family
7,273
Multi-Family
3,405
Businesses
919
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Listed by: Lashanda Alexander • Maselle & Associates Inc
Mls Name: MLS United
Mls ID: #4119684