248 Ramada CirJacksonMS39212
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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 248 Ramada Cir, Jackson, MS, 39212 generates $1,997/mo in rent and, after a $905/mo payment, leaves $865/mo in cash flow. Total monthly income is $1,997/mo, and annual cash flow is $10,385/yr on $61,328 invested. Return on cash invested sits at 36.84% in year one, and rental yield is 12.95% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 193.6% and total cumulative return in cash sums $118,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,997/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39212, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,537 (100%) |
| Owner Occupied HU | 7,031 (56.1%) |
| Renter Occupied HU | 3,894 (31.1%) |
| Vacant Housing Units | 1,612 (12.9%) |
| Median Home Value | $119,083 |
| Average Home Value | $166,295 |
Housing Distribution
Address Breakdown
Residential
11,563
Single Family
9,991
Multi-Family
1,572
Businesses
367
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Listed by: Monica Smith • Guise & Associates Realty LLC
Mls Name: MLS United
Mls ID: #4126639