316 E Mayes StJacksonMS39206
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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 316 E Mayes St, Jackson, MS, 39206 with 5% annual appreciation on a $184,500 basis while $1,415/mo rent supports operations. Total monthly income totals $1,415/mo and a $903/mo payment preserves $286/mo for cash returns. Annual cash flow comes to $3,432/yr on $61,162 deployed, and return on cash invested reaches 25.52% in year one. Equity gained on principal adds $1,191/yr, and five-year appreciation sums $50,974 alongside rental yield of 9.2%. Five-year ROI measures 132.85% and total cumulative return in cash totals $81,254.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,415/mo property income versus a $903/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39206, Jackson, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 4,894 (44.6%) |
| Renter Occupied HU | 4,491 (40.9%) |
| Vacant Housing Units | 1,595 (14.5%) |
| Median Home Value | $137,174 |
| Average Home Value | $186,725 |
Housing Distribution
Address Breakdown
Residential
10,678
Single Family
7,273
Multi-Family
3,405
Businesses
919
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Listed by: Mike Hoffman • Nix-Tann & Associates, Inc.
Mls Name: MLS United
Mls ID: #4120711
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.