3306 Longwood DrJacksonMS39212
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 Jackson at 3306 Longwood Dr, Jackson, MS, 39212 uses $46,410 cash to close to unlock $2,550/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,069/mo, and a $685/mo payment keeps the spread at $213/mo. Purchase price stands at $140,000, and rental yield measures 9.16% with $1,069/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 132.25% and total cumulative return in cash records $61,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,069/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krishna N Boone • Favor Realty LLC
Mls Name: MLS United
Mls ID: #4129902