361 E Northside DrJacksonMS39206
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 361 E Northside Dr, Jackson, MS, 39206 in Jackson at $105,000 earns $1,365/mo in rent and nets $184/mo after the $498/mo payment, a 9.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $29,010 over five years. Ziffy Mortgage underwrites this on a 2.74 DSCR without U.S. credit history. With $880/yr in principal paydown, total projected return reaches $84,309.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $184 | $450 |
City averages based on Jackson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,365 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 2.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
0.29 Acres 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
Nearby investment properties with comparable rents
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Minton • Art Minton Realty, LLC
Mls Name: MLS United
Mls ID: #4112052
