3 Watersview CvJacksonMS39212
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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 3 Watersview Cv, Jackson, MS, 39212 uses $56,024 cash to close to unlock $6,173/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $827/mo payment keeps the spread at $514/mo. Purchase price stands at $169,000, and rental yield measures 11.16% with $1,571/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 162.07% and total cumulative return in cash records $90,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,018 sqft lot
$N/A/sqft
$100 annually 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: Eric Stephenson • Ekey Realty, LLC
Mls Name: MLS United
Mls ID: #4090472
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2024 MLS United, LLC.