24 Waterstone PlJacksonMS39211
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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 24 Waterstone Pl, Jackson, MS, 39211 generates $2,548/mo in rent, after a $2,379/mo payment. Total monthly income is $2,548/mo. Return on cash invested sits at 15% in year one, and rental yield is 6.29% on a $486,000 entry. Equity gained on principal adds $3,136/yr, while 5% annual appreciation builds toward $134,273 over five years. Five-year ROI reaches 77.04% and total cumulative return in cash sums $124,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,548/mo property income rather than buyer’s personal income.
Multi Family
Built in 2023
4,356 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39211, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,274 (100%) |
| Owner Occupied HU | 7,361 (60.0%) |
| Renter Occupied HU | 3,706 (30.2%) |
| Vacant Housing Units | 1,207 ( 9.8%) |
| Median Home Value | $246,919 |
| Average Home Value | $314,842 |
Housing Distribution
Address Breakdown
Residential
11,786
Single Family
8,928
Multi-Family
2,858
Businesses
739
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Listed by: Thad Irby • Charlotte Smith Real Estate
Mls Name: MLS United
Mls ID: #4063700
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.