233 Colonial DrJacksonMS39204
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 233 Colonial Dr, Jackson, MS, 39204 in Jackson: $1,089/mo in rent, $202/mo in net income, 9.01% gross yield, 1.67 DSCR, all at $145,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $40,061 in appreciation and $1,335/yr in principal paydown projects total cumulative return of $67,954.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 8.0% |
| Monthly Cash Flow | $202 | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,089 |
| Total Monthly Debt Service | $830 |
| DSCR Ratio | 1.31x |
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.
Single Family
Built in 1952
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39204, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 2,460 (32.4%) |
| Renter Occupied HU | 3,547 (46.7%) |
| Vacant Housing Units | 1,584 (20.9%) |
| Median Home Value | $76,400 |
| Average Home Value | $141,192 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
4,328
Multi-Family
2,197
Businesses
724
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
Single Family
Built in 1952
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39204, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,591 (100%) |
| Owner Occupied HU | 2,460 (32.4%) |
| Renter Occupied HU | 3,547 (46.7%) |
| Vacant Housing Units | 1,584 (20.9%) |
| Median Home Value | $76,400 |
| Average Home Value | $141,192 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
4,328
Multi-Family
2,197
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica Spires • The Agency Haus LLC DBA Agency
Mls Name: MLS United
Mls ID: #4115620