309 S Jackson StCrystal SpringsMS39059
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
Investment Highlights
Investment property for sale in Crystal Springs at 309 S Jackson St, Crystal Springs, MS, 39059 uses $58,013 cash to close to unlock $6,367/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,602/mo, and a $857/mo payment keeps the spread at $531/mo. Purchase price stands at $175,000, and rental yield measures 10.99% with $1,602/mo rent. Return on cash invested shows 30.88% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 161.63% and total cumulative return in cash records $93,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,602/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1881
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39059, Crystal Springs, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,645 (69.6%) |
| Renter Occupied HU | 1,023 (19.5%) |
| Vacant Housing Units | 572 (10.9%) |
| Median Home Value | $113,603 |
| Average Home Value | $172,632 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,613
Multi-Family
149
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitzi Cline • Cline Realty, LLC
Mls Name: MLS United
Mls ID: #4129102